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Belarusian Review

Economy

Belarusian Opposition Offers Alternative Crisis Plan

MINSK -- Representatives of the United Democratic Forces of Belarus (ADS) say they intend to hand their own plan for dealing with the global economic crisis to the presidential office.

The program was prepared by a group of economic experts working together with the ADS.

The project's coordinator, Lev Margolin, told RFE/RL's Belarus Service that the major difference between the ADS's crisis plan and the government's is the system.

Margolin said Belarus, which produces goods of a lower quality than those made in a market economy, should use its advantages.in order to withstand the global economic crisis.

He said these include the absence of a true real estate market and the fact that there has not been any privatization in the country,

Economist Yaroslav Ramanchuk says the crisis plan's major points are significant tax cuts and making all financial transactions in Belarusian rubles.

Source: >Radio Free Europe/Radio Liberty, March 16, 2009,

This article appeared in
Belarusian Review, Vol. 21, No. 1
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