President of Belarus Alexander Lukashenko believes in Belarus to overcome the economic meltdown. This was stated by him at a meeting with faculty and students of the Eurasian National University after Gumilev on May 25.
"They say: see, you're in trouble. We've been affected by the second wave of recession. Resources, we lack of, have twice gone up in price. And we'll never get that volume of currency to make for the increased raw material prices directly from the real sector. It is very hard to find a considerable amount of currency to pay for it all at once," BelTA quoted the head of state.
"Yes, we have increased exports, but we're unable to find that much currency. Therefore, we're reexperiencing difficulties. The question is how to get out of this situation. We'll anyway get out of a scrape. Where there's a will there's a way," said Alexander Lukashenko.
The President also commented on the TV reports, recently shown by Russian TV channels about the economic situation in Belarus. "Lukashenko will sell companies, they need so much here and there.., - they just create excitement around our country. They clearly want to profit by the situation. But we'll have our own way. We won't leave it as it is," said President of Belarus.
Commenting on the situation with the currency, Alexander Lukashenko said: "We stopped selling international reserves currency, and we'll maintain the established FX rate. We set Br5 thousand dollar rate yesterday. It's all right that devaluation of national currency has finally happened. We should take advantage over this fact - it is very important for export-oriented economy."
In addition, according to Alexander Lukashenko, he is not against private property, but privatization should not be of a landslide character. "Everybody wants to buy cheaper, for a pittance is even better, the head of state. - We are not against private property and maintain it, but mostly those who create it themselves. Cheap private property, based on privatization, is not appreciated."
At the same time Alexander Lukashenko added that one should no way "rush to destroy the state-owned enterprises, especially cost-effective ones."
