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18 Dec 2020

Belarusian Finance Ministry publishes next year’s draft central state budget

Belarusian Finance Ministry publishes next year’s draft central state budget

MINSK, 18 December (BelTA) – The Belarusian Finance Ministry has published the bill on the central state budget in 2021, BelTA has learned.

The revenues are supposed to reach Br23.3 billion. Most of the money will come as taxes – nearly Br19.56 billion. Non-tax revenues will amount to Br2.37 billion. As much as Br1.36 billion will be uncompensated receipts.

The non-tax revenues include Br14.1 billion in commodity taxes, including Br10.4 billion in VAT. Tax revenues from foreign economic operations will bring Br4 billion.

The expenses are estimated at Br27.3 billion, including Br13.36 billion set aside for general state activities, Br1.46 billion for national defense, and Br2.77 billion for the court system, law enforcement and security efforts.

As much as Br3.72 billion will be spent on the national economy, Br107.8 million on environmental protection, and Br388.9 million on housing and utility services and housing construction.

Nearly Br1.7 billion will be allocated for healthcare, Br0.5 billion for physical training, sport, culture, and mass media, Br1.3 billion for education, and over Br2 billion for social policy.

 

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