OREANDA-NEWS. January 11, 2007. Belarus’ service industry is expected to generate extra $1bn of revenues in 2008, Prime Minister of Belarus Sergei Sidorsky stated at a session of the Council of Ministers, reported the Official website www.government.by.

Sergei Sidorsky underlined that this sector of the economy is not efficient yet. The service industries generate over 70% of GDP in the neighbouring countries. This index in Belarus stands at 42-43%, the Head of Government stated.

“We have got enough reserves. We need to change our attitude to this economic sector,” Sergei Sidorsky underlined. Over the past years the government has created favourable legal and economic conditions for the service industry development. In 2008 the country will continue working in this direction.