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RESOLUTION OF COUNCIL OF MINISTERS OF THE REPUBLIC OF BELARUS

of April 5, 2016 No. 274

About approval of the Program of activities of the Government of the Republic of Belarus for 2016-2020

(as amended on 25-09-2017)

According to article 106 of the Constitution of the Republic of Belarus the Council of Ministers of the Republic of Belarus DECIDES:

1. Approve the enclosed Program of activities of the Government of the Republic of Belarus for 2016-2020 (further - the Program).

2. To provide to the republican state bodies and other state organizations subordinated to the Government of the Republic of Belarus, regional executive committees, the Minsk Gorispolkom annually till March 1 of the year following reporting in the Ministry of Economics information on the course of accomplishment of the Program and if necessary to make offers on its refining.

3. Annually till April 1 of the year following reporting to provide to the Ministry of Economics in Council of Ministers of the Republic of Belarus the summarized information on the course of accomplishment of the Program with introduction in need of offers on its refining.

4. To impose control over the implementation of this resolution on deputy prime ministers of the Republic of Belarus according to the supervised directions.

5. This resolution becomes effective from the date of its acceptance.

Prime Minister of the Republic of Belarus

A. Kobyakov

Approved by the Resolution of Council of Ministers of the Republic of Belarus of April 5, 2016 No. 274

The program of activities of the Government of the Republic of Belarus for 2016-2020

Introduction

This Program submitted for consideration of National assembly of the Republic of Belarus based on article 106 of the Constitution of the Republic of Belarus contains priorities and the main activities of the Government of the Republic of Belarus in the field of social and economic development in 2016-2020 and the medium term.

Recovery of the balanced economic growth for increase in level and quality of life of the population of the Republic of Belarus is the main priority of work of the Government of the Republic of Belarus. Three strategic objectives are set: employment, export, investments.

It is possible to reach the specified priority by realization of complex of the consecutive and interconnected institutional changes directed to system increase in competitiveness of economy, decrease in its dependence on external environment, the solution of the tasks set in the Presidential decree of the Republic of Belarus of February 23, 2016 No. 78 "About measures for increase in efficiency of social and economic complex of the Republic of Belarus" (The national legal Internet portal of the Republic of Belarus, 24.02. 2016, 1/16297).

Provisions of this Program answer priorities, the purpose and project tasks of the Program of social and economic development of the Republic of Belarus for 2016-2020 which is developed by the Government of the Republic of Belarus, and also to orders of the Head of state, data at meetings on social and economic development of the country at the beginning of 2016.

Chapter 1. Risks of social and economic development of the Republic of Belarus and measure of counteraction by it

Owing to impact of extremely adverse external factors, liquidation of earlier saved up macroeconomic disproportions in economy of the Republic of Belarus decrease in rates of its development is observed. The gross internal product (further - GDP) in 2015 decreased on percent 3,9 in comparison with 2014.

Coordination of the salary with labor productivity, the refusal of issued crediting of economy, reduction of the income of the organizations and the budget in connection with sharp deterioration in external economic conditions led to reducing internal consumption and investments.

The Republic of Belarus realized by the Government and National Bank of measure of macroeconomic stabilization provided in the Program of activities of the Government of the Republic of Belarus for 2015 approved by the resolution of Council of Ministers of the Republic of Belarus of February 18, 2015 No. 110 (The national legal Internet portal of the Republic of Belarus, 25.02.2015, 5/40151), allowed to carry out adaptation of economy to essentially new external economic conditions. The scenario approach to macroeconomic forecasting implemented in 2015 in the conditions of high uncertainty of external factors was repaid: the right choice of basic external conditions and adequate measures of economic policy was made. During 2015 budget and financial and monetary policy, transition to the flexible exchange rate of Belarusian ruble to basket of currencies indicators of paying balance of the country allowed to improve timely toughening qualitatively, to provide stability in the foreign exchange market, to reduce inflation. The created surplus

the consolidated budget it is directed to repayment of public debt. Internal and external obligations of the state were fulfilled in full.

At the same time the new wave of negative external factors worsens possibilities of bystry recovery of growth of national economy. Against the background of recession in the countries - the main economic partners of the Republic of Belarus, and also taking into account the reduced prices of primary goods economy growth prospects for the short-term period are represented difficult. High uncertainty of rather basic external operating conditions of economy in 2016 and the medium term remains.

With respect thereto operational realization of the system measures directed to activization of new factors of economic growth capable to provide it in essentially new external economic reality (decrease in dependence of economy on external factors of growth) is planned. It is necessary to provide the balanced development of economy due to growth of cumulative factor productivity, increase in efficiency of use of all types of resources and cost reduction, enhancement of institutional structure of economy.

Consecutive realization of developed measures of economic policy can bring in the medium term to acceleration of annual rates of surplus of GDP to 3,5 of percent or higher rates.

Chapter 2. The purposes and tasks of activities of the government of the Republic of Belarus for 2016-2020

Main goals of activities of the Government of the Republic of Belarus for 2016-2020 - system increase in competitiveness of economy, decrease in its dependence on external environment, recovery of economic growth and increase in level of living of the population of the country.

Transition to innovative way of development, the comprehensive transformation of economy accompanied with strengthening of address protection of vulnerable categories of citizens in case of indispensable observance of three basic conditions of economic policy are necessary for achievement of these purposes:

ensuring macroeconomic balance, consecutive decrease of the inflation rate to unambiguous values in 2017, no more than 5 percent - in 2020 in case of simultaneous decrease in percentage level of rates on crediting in economy;

building-up of gold and foreign exchange reserves to the minimum safe level - is not lower than three months of import by 2020;

debt-free financing of paying balance of the country - gradual payment of the created external debts and non-admission of deficit of the current account of paying balance is more than 3 percent of GDP.

In the conditions of uncertainty of external parameters of development special importance is acquired by increase in flexibility of economy for adaptation to external shocks and effective resource allocation.

System tasks of activities of the Government of the Republic of Belarus in 2016-2020 are:

optimization of management structure and cost reduction in power system and housing and communal services (further - housing and public utilities), liquidation of cross and budget subsidizing of these industries in coordination with increase in targeted social support of the population;

recovery of competitiveness of industrial complex, implementation of the new innovative development strategy taking into account the principles of "green" economy;

creation of new workplaces, development of small and medium business, service industry in coordination with the strategy of rational import substitution;

increase in overall performance of agro-industrial complex;

development of infrastructure, the accelerated implementation of public-private partnership;

promotion of goods and services on the new markets, the balanced export strategy;

support of economic growth by measures monetary and budget tax policy;

human capital investments, targeting of social support;

transition in regional policy to concentration of resources on the key directions capable to provide the maximum return and receipt of long-term effects of sustainable development of regions;

improvement of quality of public administration by economy.

Specific measures for achievement of effective objectives and the solution of tasks in case of observance of the specified basic conditions of economic policy are given in this Program, and also will be disaggregated in the state programs coordinated to it according to appendix.

The government of the Republic of Belarus will organize the work on the principles:

systemacities, complexity and efficiency of decision making;

initiative and personal liability of all members of the government of the Republic of Belarus;

estimates of activities of members of the government of the Republic of Belarus and heads of all levels of management on the achieved resulting effects;

opennesses of the activities, expansion of practice of public discussion of strategic documents and the major decisions;

equalities of all patterns of ownership;

non-interference to fair competition;

separations of functions of the owner and the regulator in management of the organizations from shares of state-owned property.

For concentration of efforts on the priority directions and efficiency of decision making practice of appointment of coordinators of their realization from among vigorous will be expanded, it is modern the conceiving managers.

Chapter 3. Increase in flexibility of economy for adaptation to external shocks and effective resource allocation

Upgrade of the economic relations in the Republic of Belarus, transition to it is market the oriented model of economic growth are necessary for bystry adaptation and increase in stability of economic agents to sharply changing external and internal conditions, overflow of resources from reduced to the growing spheres of economy. For allocation efficiency of resources on basis it is market the created and flexible relative prices, enhancement of instruments of economic regulation the following directions are provided.

1. Improvement of conditions of business.

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