Alexander Lukashenko demands optimization of budget expenditures for next year

17 декабря 2018

Alexander Lukashenko demands optimization of the budget expenditures for the next year and prevention of squandering of public funds.

This was demanded by the President after receiving the reports from the leadership of the Government, the Presidential Administration, the Council of the Republic and the State Control Committee. The agenda includes consideration of the future budget and the upd ated tax code. In October, the Head of State set the task to finalize these important documents. In particular, it was stated that the distribution of the budget for the next year should take into account external conditions. Russia's tax maneuver in the oil sector was touched upon as well. The President notes that nothing will collapse in the economy of the country, but some agreements, especially those within the framework of the EAEU and the Union State, may be revised.

In general, the indicators for the next year are positive: GDP growth rate is se t at 102 percent, the refinancing rate will remain 10 percent.