Expert predicts Miasnikovich government's failure
Economist Leanid Zaika says government's decision to allow state enterprises to sell stock at prices lower than prime cost is 'a farewell resolution'.
The document was produced in order to expedite the turnover of stock and monetary means. The resolution will be effective through January 1, 2015. Under the document, only those state entreprises that are cost-effective since the beginning of this year and those that sell their products on the Belarusian universial commodities exchange are allowed to sell their stock at prices lowers than the prime cost. Other enterprises must seek approval from state agencies.
Economist Leanid Zaika reckons that this government's decision is a step forward towards the bakruptcy of state enterprises. There is no way this decision can rescue them.
Zaika: "Selling at a price lower than expenses is definitly a step towards insolvency. This is a sort of farewell resolution of the government before resignation."
The economist also says he would be interested to hear from the prime minister how he plans to close the budget deficit that will be caused by this resolution.
Photo: ria.ru
