President rejects government's proposal for sweeping privatization

22.02.2016
A. Lukashenko has criticized proposals that could lead to higher prices and instructed to deal with the tariffs for utility services.

President Alexander Lukashenko has rejected the government"s proposal for sweeping privatization. According to the President, the system of selling state property is properly organized inBelarus. Investors must obtain the approval of the personnel, local and national authorities up to the President. Today Alexander Lukashenko criticized the government"s proposal which could lead to higher prices inBelarus. According to the Head of State, people will start to spare money in this case, and the budget will miss a decent amount. Alexander Lukashenko notes, the rise in prices should be compensated by an increase in household income. The President also instructed to deal with the objectivity of tariffs for housing and communal services.
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