President discussed new bankruptcy law – Domestic | BelarusVC
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President discussed new bankruptcy law

Interim results and calls

The president noted that over the past two years, a new law has been adopted aimed at changing the approach to bankruptcy procedures, shifting the focus towards rehabilitation and preservation of enterprises and jobs. During the meeting, he emphasized that the law's goal is to reduce losses and prevent bankruptcy. The current task is to assess how the innovations have affected the economy, identify bottlenecks, and determine measures to further prevent losses. Questions regarding the need for additional reforms remain open.

Summary:

The president discussed the new bankruptcy law, focusing on preserving jobs and addressing bottlenecks to reduce losses.