Search

New budget providing for increased spending on health, education and social sphere Today, the so-called "zero reading" of the 2020 budget will be held in the parliament. The government will present its version of the document. The MPs will be ...

Economic growth in 2020 planned at 1.9%, refinancing rate – 9.5% The draft budget 2020 has been submitted to parliament. Today it is being considered by the relevant commission of deputies, and after that a few more readings will be held. The main financial document is in deficit. According to the project, economic growth is ...

65.8% of expenditures to be spent on 11 Union State programs Financial watchdogs of Belarus and Russia have prepared an assessment of the Union State budget bill for 2019. In 2019 the budget is projected to receive RUB 7.245 billion and to spend over RUB 6 billion. The budget surplus is projected at about RUB 1 billion. Most of expenditures will be spent on 11 Union State programs. Money will be also ...

Main expenditures next year to go to high technology produce and security About 70% of the Union State budget is planned to be funneled into union programs in 2019. Funding of sci-tech programs aimed at creation of new technologies and innovation products will be a priority. The main expenditures will go to the development of industry, science, social ...

State budget to retain its social focus in 2019 The Belarusian MPs gave the second reading to the bill on the next year's central state budget and Belarus’ new Tax Code. In 2019 the budget will retain its social focus. A significant portion of the budget ...

MPs to consider Belarus budget for 2019 and Tax Code in second reading Today Belarusian MPs will consider the budget of Belarus for the next year in the second reading. In general, the document is formed following the basic scenario and will strengthen social orientation. ...

Budget expenditures to remain socially oriented in 2019 The draft budget for the next year was adopted at the first reading. The document is formed with a surplus, i.e. the next year revenues will exceed expenditures by Br1.7 billion. The budget will ...

New edition of Belarusian Tax Code to come into force on January 1, 2019 Next year’s budget will have even more of social focus. The most important issues of the country's development in 2019 were considered the day before at a meeting in the Palace of Independence. It is planned to increase funding for health, education, sports and culture....

Main financial document for next year provides for growth of salaries of state employees The draft budget 2019 maintains a social orientation. Its main innovation is a more active growth of wages in the public sector. A significant part of the funds from the state treasury will go to help in the construction of housing, repair and construction of roads,...

Investments and export in focus of new budget The balance of expenditures and incomes for the next year was discussed in the Government of Belarus. The package of documents takes into account the external changes, including the oil price, economic growth and exchange rates of the currencies ...