Sanctions affect investment activity in Belarus’ construction sector – Sivak
<p> MINSK, Jun 25 - PrimePress. The pressure of western sanctions has affected investment activity in Belarus’ construction sector, Belarusian Deputy Prime Minister Anatoly Sivak said at a joint meeting of both chambers of Belarus’ parliament on June 25. </p> <p> </p> <p> “The sanctions pressure from European and other countries, although not directed at the construction complex, has affected investment activity. Some investment projects have been suspended due to uncertainty about their financing. In this regard, in May this year the government approved a set of measures to launch a new investment cycle. This document is important for the long-term development of the economy. A number of activities are of strategic importance. Their effect will not be felt immediately, but in a somewhat distant perspective,” BelTA reports citing Sivak as saying. </p> <p> </p> <p> In his words, the proposed set of measures is expected to facilitate the annual growth of investment and its share in the GDP to 23% by 2025. End </p> <p> </p>
2021-06-26
Primepress
Sanctions affect investment activity in Belarus’ construction sector – Sivak
MINSK, Jun 25 - PrimePress. The pressure of western sanctions has affected investment activity in Belarus’ construction sector, Belarusian Deputy Prime Minister Anatoly Sivak said at a joint meeting of both chambers of Belarus’ parliament on June 25.
“The sanctions pressure from European and other countries, although not directed at the construction complex, has affected investment activity. Some investment projects have been suspended due to uncertainty about their financing. In this regard, in May this year the government approved a set of measures to launch a new investment cycle. This document is important for the long-term development of the economy. A number of activities are of strategic importance. Their effect will not be felt immediately, but in a somewhat distant perspective,” BelTA reports citing Sivak as saying.
In his words, the proposed set of measures is expected to facilitate the annual growth of investment and its share in the GDP to 23% by 2025. End