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LAW OF THE REPUBLIC OF BELARUS

of July 12, 2023 No. 279-Z

About change of the Law of the Republic of Belarus "About the state forecasting and programs of social and economic development of the Republic of Belarus"

Accepted by the House of Representatives on June 15, 2023

Approved by Council of the Republic on June 30, 2023

Article 1. No. 157-Z "About the state forecasting and programs of social and economic development of the Republic of Belarus" to be reworded as follows the law of the Republic of Belarus of May 5, 1998:

"LAW OF THE REPUBLIC OF BELARUS

About the state forecasting and state planning

This Law establishes legal and organizational basis of the state forecasting and state planning, determines system and general procedure for development of documents of the state forecasting and state planning.

Article 1. The main terms used in this Law and their determinations

For the purposes of this Law the following main terms and their determinations are used:

state planning - activities for determination of the purposes, priorities, tasks, indicators and parameters of social and economic development of the Republic of Belarus, its administrative and territorial units and industries of economy (types of economic activity) for certain time period, and also complex of the mechanisms, methods, tools and necessary resources providing achievement of effective objectives;

the state forecasting - activities for forming of system of ideas of the purposes, priorities, the directions, the expected results and forecast parameters of social and economic development of the Republic of Belarus, its administrative and territorial units and industries of economy (types of economic activity) taking into account probabilistic impact of external and internal conditions and other factors;

the long-term period - the period lasting more than five years;

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