27 February 2007
Cabinet adopts list of 15 most important indicators of Belarus' economic security
The Belarusian Council of Ministers, by its February 22 directive, adopted a list of the 15 most important indicators of the country's economic security, which would be monitored.
As official information sources said with reference to the secretariat of the Council of Ministers, the indicators include the degree of wear and tear of the main production facilities at the end of the year, the share of fixed capital expenditures in proportion to GDP, scientific research spending in proportion to GDP, the share of new products in overall industrial output, the share of domestic resources in the consumption of boiler and furnace fuels, grain output per capita, the share of imports in total retail food sales, the deficit of the consolidated budget in proportion to GDP, the government's foreign and domestic debts in proportion to GDP, the level of the government's gold and hard currency reserves in months of import, the unemployment rate, the proportion of the population with incomes below the Subsistence Minimum Budget, the minimum retirement pension in proportion to the Subsistence Minimum Budget for the retirees, and the proportion between exports and imports in foreign trade in goods and services.
According to the cabinet, the monitoring of the indicators is a system of continuous observation, scientific analysis and estimation for the purpose of achieving the goals specified in the 2006-2010 program of the country's social and economic development.
The objectives of the monitoring include the collection, processing and analyzing of data about the state of the indicators, and the prompt detection of deviations from the projected levels. //BelaPAN
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