Social guarantees

The 2023 budget retains a social focus. As the Minister of Finance of Belarus said, despite the fact that the main financial document is drafted with a deficit, all obligations will be fulfilled. This year, expenditures were also planned to exceed revenues, but for December, the Ministry of Finance records a narrowing of the gap. Now it is at the level of 2 billion rubles, while the plan is 2.8 billion rubles. This suggests that the Belarusian economy has begun to actively recover. In 2023, 17.5% more funds are planned for financing the social sphere than this year. Particular attention is paid to the growth of incomes of Belarusians. Already this week, the House of Representatives will consider the main financial document and tax changes in the first reading.