Lukashenko: Frantic rise in global prices of potash and petroleum products takes shape

30 мая 2022
Difficulties are no reason to panic, but one shouldn't expect the situation with sanctions to be solved by itself. This was stated by President of Belarus Alexander Lukashenko at the meeting on the draft law on improvement of socio-economic policy.

"Domestic enterprises do face barriers, artificially created on the external circuit. They have affected all stages of the production process: procurement of raw materials, transportation, settlements, finance, credit support and export sales. "I remind you that the difficulties are not cause for panic, but one should not expect the situation to go away by itself," said Alexander Lukashenko.

The head of state pointed to the physical decline in sales of potash and petroleum products. These two items affected the overall result of the industrial complex. "It should be noted that these goods are extremely important for the world market and there has been a rampant growth of prices for them," pointed out the President.

The situation with the export of potash and oil products also negatively affected the transport industry and the wholesale trade. The rest of the Belarusian industry sectors are operating with the result of 100% and more. "I am sure we will deal with oil and potash," said Alexander Lukashenko.

He reminded the participants of the meeting about the current tasks of social and economic development forecast for 2022: to provide employment for people, to prevent the production suspension and to keep the current level of income.