Sails of time

A good cocurrent wind blows into the sails of the national economy. There is no stagnation on factory floors, but there is stable growth in comparison with the union states of the former USSR. Production is turned out, which is willingly acquired in Europe and Asia. Besides, according to statistics, in the first half of this year Belarus carried out trade with 171 states...
A good cocurrent wind blows into the sails of the national economy. There is no stagnation on factory floors, but there is stable growth in comparison with the union states of the former USSR. Production is turned out, which is willingly acquired in Europe and Asia. Besides, according to statistics, in the first half of this year Belarus carried out trade with 171 states. If there are the Netherlands, Germany, Great Britain, Italy, China, Brazil in the first ranks of importers of the national products apart from Russia, this testifies on the proper status of the national exporters. In short, the country continues to compete stably and it is a leader among CIS states in terms of economic growth rate.

Recently food crisis has caused noticeable resonance in the world. The discussion around it has even squeezed up permanent news on the fall of American currency and fluctuations of market quotations. Now the food crisis topic quietened a little bit, because earlier it was heard on all the continents and caused disturbance in all the states. Here — one of the articles of September issue of the magazine is dedicated to this — it is worth mentioning the fact, that food safety in Belarus became one of the main components of the national safety. If many developed states only start to formulate the draft projects of buildup of agricultural production manufacture, then in Belarus such a strategy has been realized for a long time. It brings results. Today the country is able not only completely satisfy its needs in the main products, but also becomes one of the remarkable participants of the world food market.

Of course, there are troubles. Competitive ability of many national goods of the export level hasn’t yet led to quick growth of prosperity. Time is required, as well as the wish to work insistently in order the wish came true.

Meanwhile, according to the author of the article “Financial advantages”, in the first half of the year the volume of bank deposits of individual persons increased by the amount of nearly two billion of Belarusian rubles. It means, that there are accumulations. The fact that they are placed on bank accounts, testifies that the Belarusians were not frightened neither by the world financial crisis, nor by the national inflation. Thus, inflation unfortunately exists — this is an objective process. According to economists, the main thing is not to allow it to grow. Meanwhile, there is an interesting difference, which is noticed in the same article “Financial advantages”. The author pays attention to statistics evidence. In compliance with it, it is easy to make a conclusion, that potential investors have cleared up the tendencies of currency market and don’t want to “feed” economies of other states. The National Bank confirms that bank deposits in Belarusian rubles constantly increase. Such a tendency will be characteristic of the future forecasts. Not in vain financial experts advise the citizens to adhere to “patriotic” currency advantages, because they are sure that the national currency will grow strong further on.

The Ministry of Finance offered to introduce a single tax rate — 12 percents. Many people called this offer revolutionary. Topicality of such approaches is analyzed by the author of the article “Taxes must be paid. But how?” Experts noted disadvantages of the existing tax system progressive. Notes were correct, and changes were timely. An obvious fact: today there is understanding of the fact that quality of the national legislation shall coincide with the best European standards. The Government is sure to increase the efficiency of Belarusian economy and to make it more attractive for foreign investors. A clever approach. The more so, as there is an aim to be included into the list of countries with the best investment climate.

In a word, it’s high time to set sails.
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