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IISEPS Bulletins |
E-bulletin of IISEPS Center for Documentation, N 5, 2013 - ISSN 1822-5578 (only Russian) Content: Introduction 1. Basic trends of May 2. Chronicle of key events 3. Politics 3.1. Everybody, struggle against Corruption! 3.2. As the tree, so the fruit 4. Economics 4.1. State investment is inefficient even in China 4.2. Two weeks for a five-year program 4.3. Foggy Albion vanished in the fog 5. Finances 5.1. Between balance and imbalance 6. Our forecast for June Introduction: Dear readers! Our forecast concerning a return to the policy of stimulating home demand begins to come true. In May National Bank lowered the refinancing rate from 27% to 25%, i.e. by 2% at once. Such swiftness has not been observed by it for quite a long while. A. Lukashenko's charging the government with the assignment to prepare a decree whose purpose is unloading the stocks of Belarusian enterprises can be safely attributed to the home demand stimulating policy, too. As of May 1 the stock resources of enterprises made up almost 33.4 trillion rubles in monetary terms and had increased by more than 11 trillion rubles (over $ 1 billion) in comparison with the beginning of the year. However, regardless of how many paragraphs the future decree might contain, it is not difficult to guess that the government's main suggestion will boil down to the domestic production distribution within the framework of leasing patterns. As an immediate action such suggestion will undoubtedly prove to be useful for certain enterprises, however no more than that. Who, for example, needs heavy vehicles in Belarus? IISEPS executive board Complete version see Here »» |
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