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Lukashenko outlines key concerns in connection with draft budget 2026

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MINSK, 16 October (BelTA) – Belarusian President Aleksandr Lukashenko outlined fundamental questions regarding the proposed deficit budget for 2026 at a meeting to discuss the draft forecast documents for 2026 in Minsk on 16 October, BelTA has learned.

“To what extent are the economic plans and the budgetary plans aligned and balanced with each other? The documents suggest that the Finance Ministry has developed a budget with a deficit, while not critical still a deficit. We have significant public debt payments coming up (2026 is one of the peak periods). Are there sources to cover them? Will all social obligations be fulfilled fully and on time?” the head of state asked the questions. 

He also noted that new state programs will be launched next year. The government has already compiled a list of them, which will be reviewed separately. “Most of them are social and economic ones and are funded from the budgets. But what is the basis of these programs? How was the need for resources determined? These must be real, practical plans aimed at a specific and effective result!” the Belarusian leader emphasized.

According to him, certain innovations in tax legislation and its administration are also being proposed. However, there is no consensus on this issue yet. In this respect Aleksandr Lukashenko asked why then this matter was included into the agenda under such circumstances: "Is each of you going to deliver your own opinion on this matter now? This is unacceptable! Report.”

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