Belarus approves strategy for development of small and medium-sized businesses until 2030

The strategy for the development of small and medium enterprises until 2030 was approved in Belarus. One of the main tasks is to make micro-business more efficient and increase its share in the country's economy by simplifying administrative procedures and updating financial and non-financial support tools. The document also harmonizes the concepts of small and medium business. Thus, the activity of artisans and self-employed people will be legally formalized, and measures to create equal conditions for all business entities, regardless of the form of ownership, will be defined. A single business support structure will be created.