Lyudmila Dobrynina: Effective spending should be the overriding principle in the Year of Frugality

VITEBSK, 4 December (BelTA) – The effectiveness of using financial resources should become the most important guideline in the operation of all economic entities. The opinion was voiced by Ms Lyudmila Dobrynina, Chairwoman of the Budget and Finance Commission of the House of Representatives of the National Assembly, as she commented on the declaration of the year 2013 the Year of Frugality in Belarus. All the enterprises and institutions regardless of whether they are private or state-run should use their financial resources economically. Spending money smartly is also important for public sector organizations, the MP believes. “The cost of money is great right now, therefore it is important to use them rationally. It is necessary to pay close attention to the effectiveness of the use of the funds allocated for implementing government programs,” stressed Lyudmila Dobrynina. The parliament commission head believes that the Year of Frugality will allow concentrating efforts on increasing labor productivity and using all kinds of resources thriftily. Belarus President decree No. 537 was signed on 29 November to declare the year 2013 the Year of Frugality in Belarus.

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