President of Belarus Alexander Lukashenko signs Decree "On foreign gratuitous aid"

25 May 2020
Today, the head of state signed the Decree "On foreign gratuitous aid". The document defines the procedure for registration, taxation and use of such revenues. They may be aimed at providing medical and social assistance, developing the library and museum business, providing sports equipment and other socially important purposes. Such assistance will be exempt from taxation by the decision of the Presidential Administration. In addition, the possibility of using aid for other purposes will be determined by an interdepartmental commission, with the simultaneous decision to grant tax benefits. In accordance with the requirements of the Head of State, all bureaucratic procedures for registering aid will be minimized.