Presidential Decree No. 348 validating the State Program for Innovative Development for 2021-2025.

The document is aimed at enhancing the competitiveness of the national economy through innovation. It establishes a legal and policy framework for implementing innovative projects, emphasizing coordination among various government bodies, including the State Committee on Science and Technology and multiple ministries.
The decree underscores principles such as exemption from import duties and VAT for technological equipment, land use rights, and investment deductions, all within the context of Belarus's international obligations and existing legislation.
It aligns with broader policy goals of fostering scientific, technological, and innovative activities, promoting high-tech sectors, and integrating the country into global innovation markets.
Key measures include the development and approval of project lists, funding allocations, and activity schedules by the Council of Ministers within specified timelines. The decree details procedures for project inclusion, amendments, and monitoring, emphasizing the role of responsible agencies and stakeholders. It mandates annual reporting on progress, establishes mechanisms for risk minimization, and specifies evaluation methods for effectiveness, including performance indicators and prognostic metrics.
Institutional responsibilities are assigned to entities such as the State Committee on Science and Technology, which oversees implementation, coordination, and compliance, ensuring procedural adherence and stakeholder engagement as explicitly outlined. Overall, the decree provides a comprehensive legal and organizational blueprint for executing the national innovation strategy, emphasizing procedural clarity, institutional roles, and compliance requirements to facilitate the effective realization of the State Program.