Belarus fulfills its external obligations in full: about $3.5 billion was spent on servicing the external public debt last year. Resources that were attracted for refinancing were actively used for these purposes. The results of the past year were summed up at the Board of the Ministry of Finance. One of the top priorities this year is to maintain the social orientation of the budget. The past year was challenging, with budget execution taking place amid an economic slowdown. Lower incomes were recorded in a number of areas, such as income tax, dividends, payments and income from the petrochemical industry.