OREANDA-NEWS. On February 13, 2008 the Council of Ministers of Belarus and the National Bank approved the plan of joint action on meeting the targets of the socio-economic development forecast, budget and monetary policy guidelines in 2008. The document was approved by resolution No137/2 of the Government and National Bank, reported the Official website www.government.by.

The plan of joint action is a list of itemized events. They are aimed at developing the macro-economic environment to ensure the projected growth of GDP, to intensify investment and innovation activity, to increase the output in the real production sector, to ensure stability of the national currency, increase the real incomes for the population, improve the management of state property and develop small and medium-sized business.

In 2008 GDP is expected to grow by 11% over. The industrial output is projected to increase by 11%. The manufacture of consumer goods is prognosticated to ramp up by 11%, including foods – 10,5%, nonfoods – 12%, agricultural production – by 8,5%. In 2008 capital investments are expected to rise by 25%.

The course of implementation of the plan of joint action will be reviewed on a quarterly basis. It will be realized by the national government bodies and other organisations subordinate to the Government of Belarus and also the National Bank, oblast executive committees and Minsk city council.