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PRESIDENTIAL DECREE OF THE REPUBLIC OF BELARUS

of October 2, 2023 No. 307

About the most important parameters of the forecast of social and economic development of the Republic of Belarus for 2024

For the purpose of ensuring stability of economy and growth of welfare of the population I decide:

1. Determine the following major parameters of the forecast of social and economic development of the Republic of Belarus for 2024:

Name of parameters

2024

Gross internal product, as a percentage by 2023 (in the comparable prices)

103,8

The real located cash incomes of the population, as a percentage by 2023

103,5

Investments into fixed capital, as a percentage by 2023 (in the comparable prices)

103,9

Commodity export and services, as a percentage by 2023

107,6

2. To National Bank together with Council of Ministers of the Republic of Belarus to take necessary measures for restriction in 2024 of the inflation measured by consumer price index at the level which is not exceeding 6 percent (December, 2024 by December, 2023).

3. To Council of Ministers of the Republic of Belarus:

3.1. in two-month time:

approve the target plan of social and economic development of the Republic of Belarus for 2024 containing measures for ensuring increase in production and export of products, expansion of the internal demand and increase in level of the real located cash incomes of the population;

determine together with regional executive committees and the Minsk Gorispolkom the exhaustive list of key performance indicators of work of the state organizations and economic societies in which authorized funds 50 and more percent of shares (share in authorized funds) belong to the state, including the holdings which are managing companies (in general by holding);

3.2. during 2024:

make offers on change of the indicators determined in Items 1 and 2 of this Decree taking into account actually developing external economic conditions;

take other measures for implementation of this Decree.

4. Determine that finishing is not allowed:

to heads of the organizations of the indicators which are not determined by Council of Ministers of the Republic of Belarus according to this Decree;

indicators small and to the microorganizations, the organizations with participation of the foreign capital, and also to the organizations which are not called in paragraph three of subitem 3.1 of Item 3 of this Decree.

5. This Decree becomes effective after its official publication.

President of the Republic of Belarus

A. Lukashenko

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