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Report on implementation of Decree No. 253 “Concerning the measures on the financial rehabilitation of agricultural enterprises”

By   /   November 10, 2017  /   Comments Off on Report on implementation of Decree No. 253 “Concerning the measures on the financial rehabilitation of agricultural enterprises”

MIL OSI – Source: President of the Republic of Belarus – Press Release/Statement

Headline: Report on implementation of Decree No. 253 “Concerning the measures on the financial rehabilitation of agricultural enterprises”

10 November 2017

The efforts to support inefficient agricultural enterprises should help
boost the profitability of production, Belarus President Alexander Lukashenko
said as he heard out a report on the progress in the implementation of Decree
No. 253 “Concerning the measures on the financial rehabilitation of
agricultural enterprises” and the proposed amendments on 10 November.
“Of course, first of all, I am interested in the financial standing of
agricultural organizations. Profits and profitability are the priorities. I was
informed during the harvest campaign that the prices for products we make are
rather good today and we can ensure profitability at the level from 15% to
80%,” Alexander Lukashenko said.
The president asked about the progress in the implementation of Decree
No. 253 at the local level. “What are the major effects of this decree? And the
main thing is as follows: have you managed to reduce the number of insolvent
farms and increase the efficiency of production?” the head of state wondered.
The government suggests introducing a number of amendments to the decree
to raise its efficiency. “What was not taken into account? Do we need any norms
to make this decree work in compliance with you requirements and to ensure the
profitability of work? I would like to know how the amendments to this decree
will affect agriculture. Will these amendments be enough for the stable
operation of agricultural organizations?” Alexander Lukashenko wondered.
He reminded about the responsibility of government members and
specialists for the development of such documents. “Frequent amendments have
never been beneficial to those involved in material production, the real
production sector,” the president said.
The session also focused on this year’s harvest campaign. He remarked
that, according to certain officials of the government and the Agriculture and
Food Ministry, it should have been finished by 7 November. “What is the state
of affairs today? I want your answer to this question. I want trustworthy
information. For example, the State Control Committee has recently informed me
about the following fact: ministers are not fully aware of the situation in
agriculture or deliberately falsify information about the progress and results
of the harvest campaign,” Alexander Lukashenko warned.
The president asked about the preparations for the next spring sowing
campaign, the procurement of mineral fertilizers, and the situation in animal
husbandry. “Life does not end in 2017. Therefore, we should start preparing for
the spring sowing campaign today. In your opinion, what are the prospects for
2018?” he said.
“The year has not been easy, we asked specialists and farmers for help. And
they helped to harvest grain rather quickly and productively. Of course, we
should thank people. How will we do it? When will we sum up the results of the
current agricultural year?” the head of state wondered.
According to Deputy Prime Minister Mikhail Rusy, Decree No. 253
“Concerning the measures on the financial rehabilitation of agricultural
enterprises” was passed in July 2016 and is aimed at restoring the solvency of
enterprises in a critical condition. Back then there were 425 such
organizations. Of them, 323 enterprises were subject to prejudicial recovery,
102 farms were subject to anti-crisis management.
“The results of work in H1 show that the decree is effect and timely. In
H1 2017, 32 organizations restored their solvency and began a normal cycle of
work. The solvency coefficient was improved at 131 organizations. It remained
the same at 80 organizations and became worse at 68 organizations,” Mikhail
Rusy said.

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