Another Lukashenka's Fiasco

The dictator has recalled the industry, in which he ‘buried’ four billion dollars.

No secret oil fields have been found in Belarus, and gas has not burst anywhere either. Disappointed in the resource potential of the country, Lukashenka decided to look for money and prospects in the forest. That is, to launch wood processing. Although wait a minute. It has already been done. And not once.

Lukashenka saw new prospects of woodworking during his visit to the Vorsha forestry on Monday. After the Minister of Agriculture reported to him that the industry's financial indicators had improved a bit.

‘This says something about where our money and our perspective is. It's not even in refining. We have our own raw materials, that has to be developed. And everything that corresponds to this raw material,’ Lukashenka rejoiced.

One should be glad. Firstly, the plan to find oil in Belarus did not work. They haven't found any extra oil, although they tried very hard.

‘God didn't put oil and gas in this land so that we could pump it, sell it through the pipe to someone and share the money,’ said Lukashenka during his visit to the church in Talochyn on Easter.

And secondly, twenty years of continuous modernisation of woodworking have not brought woodworking to good. Having spent billions of dollars for two dozen years, the authorities failed to raise the industry. Rather on the contrary, they buried it even deeper, having imposed new debts.

Although, of course, it was necessary to try very hard for this. Because in an ideal world, the development of woodworking could be an ideal project. Because we have everything of our own. Belarusian timber should have replaced oil, gas and potash fertilisers together.

However, it didn't. Although as of 2020 the modernisation of the industry cost $4 billion. The payback period of the programme was regularly postponed, and now they even stopped mentioning payback. This year the government will again pay off the debts of woodworking companies.

Andrei Branisheuski, planbmedia.io

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