The alarming topic of recent days that was presented as Belarusians’ expenses are under the microscope of the State Control Committee.
According to new instruction 3/336, all cashless payments that exceed 300 BYN will be automatically sent to the State Control Committee.
The majority of people is saying that it’s absurd and that now most of people will pay in cash.
Nevertheless, this regulation existed long before, but it wasn’t a common knowledge.
The regulation existed since 2004, however, because of the denomination it needed to be changed. The sum of money increased from 5 million BYR to 300 BYN. In addition, this limit has nothing to do with physical persons. It refers only to juridical persons or individual entrepreneurs.
The State Control Committee introduced this regulation to control people who might be connected with terrorist activities. The sum is enough for organizing a terrorist attack. For instance, terrorists needed a bit more than 1,000 USD to organize the attack in Madrid where more than 100 people died.
If we talk about physical persons, the State Control Committee can just receive the information about the existence of an account, but they can’t follow any account activity.