The small towns of Mogilev Region are expected to implement 79 investment projects in 2008, Interfax learnt from the Economy Committee of the regional administration.
14 small enterprises based in small towns of Mogilev Region will get over BYR 3 billion in subsidies, the source reported.
As of January 1, 2008, there were 681 small enterprises in the small towns of Mogilev Region. They accounted for 48.3% of new jobs in 2007 (2,881) and 20.8% of taxes paid in the regional budget.
The total number of new jobs created in the small towns of the region in 2007 was 4,492 (171.4% of the target).
As of January 1, 2008, the unemployment rate stood at 1.6%. The number of the unemployed shank by 21.6% in 2007.