Council of Ministers sums up results socio-economic development for 4 months

22 мая 2019

Real incomes of the population grew by almost 8%, and the average salary exceeds a thousand rubles. The Council of Ministers summed up the socio-economic development for 4 months. The rate of inflation is kept within the limits of the planned values, the positive balance of foreign trade is ensured.

Maksim Yermolovich, Minister of Finance of Belarus: “There are certain deviations from the formation of the revenue part of the budget, but there is a re-composition of revenues in the budget. Profit tax revenues are somewhat lower, but proceeds from the export of potash fertilizers are ahead of the plan. Additional revenues come from the export of crude oil, which is produced in the Republic of Belarus, and oil products.”

Economic growth is ensured while maintaining the macroeconomic balance.