Miasnikovich failed his mission to unload stocks

In October stocks of finished products started to raise.

According to the official statistics, on November 1 stocks of finished products made up 33, 44 trillions of Belarusian rubles (77.1% to the monthly production output) and have been up in November by 226, 8 billions of rubles, inform BelaPAN.

It should be reminded that this year stocks of finished products reached their highest point in early summer. On June 1 they made up 85,2% to the monthly product output. Then during the period from June to September they were decreasing and on October 1 they reached 76, 7% to the average monthly product output.

October was subjected to the growth in stocks of finished goods at the warehouses of “BELGOSPISCHEPROM” and Ministry of Agriculture and Food.

Last week Lukashenka criticized the work of authorities. It concerned the surplus of finished products output. “The stocks are much higher those we had last year? What’s the trouble? I forbade you categorically to accumulate stocks in trade and did not make you to raise output. The main point is sales and sales revenues”, emphasized Lukashenka during his meeting with officials on November 11.

In his turn Mikhail Miasnikovich, Prime Minister, during his speech at “House of Representatives” last week, stated that heavy sales were connected with problems in the foreign market. He, particularly, pointed to a slowdown in Russian economic growth and heavy devaluation of the Russian ruble, which negatively affected the work of Belarusian exporters.

However, Prime Minister stated that there were both external and internal reasons for stock increase at the enterprises. "In general, competitive capacity of enterprises raises concerns in the government”, said Miasnikovich.