Belarus’ budget surplus at Br337.5bn in H1 2009

MINSK, 21 August (BelTA) –The surplus of the Belarusian budget totaled Br337.5 billion in January-June 2009. That became possible due to saving budget funds, restricting expenses and deferring expenditure across some budget articles, BelTA learnt from the Finance Ministry. In H1 the total revenues of the Belarusian budget amounted to Br20.8 trillion or 44.6% of the annual plan. The proceeds from income and profit tax made up Br1.3 trillion (33.1%), value added tax Br3.8 trillion (45.1%). Revenues from the foreign trade totaled Br3.1trillion, or 43.6% of the annual plan. As of 1 July, the taxpayer debt came to Br71.3 billion, which is down Br17.8 billion compared with 1 June 2009. Expenditures of the national budget made up Br20.5 trillion in H1 (44.3% of the annual forecast). The social expenditures totaled Br9.4 trillion (44.3%), spending on national economy, housing and utilities were Br5.2 trillion (43.8%), expenditure on arranging nationwide events made up Br4.3 trillion (47%).

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