BELARUS PLOTS REFORMS TO UNWIeLDY AND EXPENSIVE STATE SUPPORT OF DOMESTIC MEAT INDUSTRY
July 1st, 2017
The Belarus government plans to reform its current profligate state support scheme backing its domestic meat industry, with the aim of making it more efficient and profitable, according to a spokesperson for the country’s President Alexander Lukashenko. He said the government planes to better focus public investment and operational support on the meat production and processing sector, which has shown poor returns on the major cash injections made in recent years.
Indeed, according to data from the Belarus finance ministry, in 2016 state support provided to the ...
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