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Belarus’ budget for 2017: project’s income included in budget is higher

The draft budget for 2017 was adapted during the first reading in the Parliament on October 3.

The draft budget provides for an increase in health, education and research spending. There will be more funds for the payment of maternity capital. As noted by the MPs, the document is based not on economic assumptions but on the realities of the time.

In comparison with 2016, it is expected to have increase of income by 6%. The draft budget provides for an increase in pensions.

Vladimir Shitko, Deputy Chairman of the Permanent Commission on Economic Policy of the House of Representatives of the National Assembly of the Republic of Belarus:
We tried to maintain the same priorities that we had in 2016. We need to pay pensions in full. We also plan to have gradual growth. We will try to increase pensions at least by 5-6%.

Belarus’ budget for 2017: project’s income included in budget is higher