He noted that the country's budget revenue is projected at Br54.4 billion (an increase of 12.4% compared to the estimated revenues in 2025), of hich tax revenues will amount to Br38.3 billion, non‑tax revenues to Br6.6 billion, and gratuitous receipts to Br9.5 billion.
“More than 70% of revenues come from taxes. About 12% will come from non-tax revenue, and almost 17% from gratuitous receipts. The budget also includes resources from targeted funds and inter-budget transfers. Two local regional budgets of Minsk Oblast will be able to share resources with other regions to ensure an equal distribution of income for citizens of the Republic of Belarus,” he explained.
As for expenditures, no major changes are planned. “The budget is being formed taking into account the new format of the country’s interaction with the outside world and the specifics of the national economy. It focuses on promoting investment attractiveness and implementing measures to stimulate economic growth. The main principle is to use resources rationally and purposefully, in line with the state's development priorities. These priorities are enshrined in the country's Constitution and emphasize social orientation,” Vasily Panasyuk stated. Expenditures are projected at Br58.7 billion, or 110.4% of the expected budget for 2025.
According to him, social spending will increase by more than 10%. “Healthcare funding will grow by over 18%, education by more than 16%, and spending on physical culture and sports will rise by nearly one-third. In addition, necessary funds are set to be allocated to service public debt and enhance investment attractiveness significantly. Among the key social priorities are support for family capital, housing construction with state assistance, and substantial financing of science, scientific-technical and innovation activities. All these measures are aimed at boosting the competitiveness of domestic products and enterprises,” he noted.
