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Private sector secures half of Minsk Oblast budget revenue in January-February 2019

Economy 09.04.2019 | 14:11

MINSK, 9 April (BelTA) – In January-February 2019 the consolidated budget revenue in Minsk Oblast totaled Br547.1 million, with more than half of it secured by payments from non-state companies, deputy head of the taxation inspection board for Minsk Oblast Yuri Konovalov told BelTA.

In January-February 2019 the national budget revenue amounted to Br189.1 million, the local budget revenue - Br358 million. Income tax made the largest amounts: Br146.6 million, or 26.8% of the consolidated budget revenue. Eco-tax made up Br144.4 million (26.4%), value-added tax - Br127.9 million (23.4%), excise taxes - Br24.8 million (4.5%).

The private sector makes a significant contribution to the Minsk Oblast budget: 53.3% of the revenue is payments by non-state organizations. Sole traders secured 3.7% of the total budget revenue, up 31.1% from January-February 2018.

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