In a Saturday address, Belarus President Alexander Lukashenko said personnel changes within his administration aim to improve the nation's economic climate.
“I would like to repeat that economy represents our primary concern. It is our primary concern and the top area of responsibility,” Lukashenko said.
This address came after Lukashenko dismissed many high-ranking officials, including the prime minister, head of its central bank, and ministers of economics, education and tax and duties.
The president said the officials, including new Prime Minister Andrey Kobyakov, who had been chief of staff, will have new ideas and experience to help the economy grow. Belarus' economy has been impacted by Russian markets suffering from falling oil prices and continued sanctions from the West.
Lukashenko stressed the importance of economic expertise in appointing five economists to high-ranking positions: prime minister, first vice premier, minister of the economy, deputy minister of the economy and the head of the country's central bank.
More Stories
- EUROPEAN INVESTMENT BANK: Bosnia and Herzegovina: EIB provides €340 million to advance works on northern part of Corridor Vc
- ABN AMRO SERVICES COMPANY: Fempower Your Growth: like tindering with female entrepreneurs
- EUROPEAN INVESTMENT BANK: Egypt: Team Europe - EIB and Banque Misr work together to support private businesses and speed up the recovery of SMEs from COVID-19
- ASIAN DEVELOPMENT BANK: ADB, NNS Sign Loans to Build Milestone Solar Power Project in Uzbekistan
- ASIAN DEVELOPMENT BANK: $123 Million ADB Loan to Help Build Elevated Walkways in Manila
- EUROPEAN INVESTMENT BANK: Germany: EIB provides €15 million of funding to IDnow
- ASIAN DEVELOPMENT BANK: CAREC Endorses Long-Term Strategy to Promote Safe, Sustainable, and Inclusive Tourism
- EUROPEAN INVESTMENT BANK: EIB Group provides €150 million to support artificial intelligence companies
- ASIAN DEVELOPMENT BANK: ADB Approves $430 Million to Help Rehabilitate Power Distribution Networks in Uttar Pradesh, India
- EUROPEAN INVESTMENT BANK: Greece: EIB backs EUR 470 million road safety scheme