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The real household incomes should not drop below the 2010 level

The real household incomes should not drop below the 2010 level, Belarus President Alexander Lukashenko said as he heard out a report by Prime Minister of Belarus Mikhail Myasnikovich and Chair of the Board of the National Bank Nadezhda Yermakova on 21 October, BelTA learnt from the presidential press service.

Mikhail Myasnikovich informed the head of state about the economic performance in the new environment, including government’s calculations of household incomes. “The President has given instructions to prevent the decline of the real household incomes, that is inflation-adjusted incomes, below the last year’s level,” the press service informed.

Mikhail Myasnikovich informed the President about the calculations of the government relating to the construction of housing and agricultural facilities. “We will commission at least 83 dairy farms and about 6 million square meters of housing this year. We have all the instruments to do that, they are different, but we will use the ones that will not have a negative impact on the currency policy,” the Premier said.

The head of state was briefed on the major approaches to making socio-economic forecasts and drafting the budget for 2012. “We need to consider all the options and make a decision not in the run-up to the New Year, but in advance, so that as early as in November we could study these issues and present detailed reports to the head of state. This is why our priority is to stabilize the situation on the currency and consumer market and boost the development of the real economic sector,” the head of government said.




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