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Economy
30 November 2021, 19:47

Surplus of Belarus' central state budget at Br0.3bn in January-October

MINSK, 30 November (BelTA) – The surplus of the central state budget of Belarus amounted to Br0.3 billion in January-October 2021, BelTA learned from the Belarusian Finance Ministry.

Revenues of the central state budget totaled Br23.2 billion or 95.8% of the revised annual target.

Proceeds from value added tax came at Br12.9 billion (91.2% of the target), profit tax – Br4.2 billion (117.2%), excise duties – Br2.9 billion (85.2%). Revenues from foreign trade operations totaled Br4.1 billion (100.9%).

The central state budget spent Br22.9 billion or 75.2% of the revised annual target.

As much as Br9.2 billion (69.3%) was spent on nationwide activities, Br5.3 billion (73.6%) on financing the national economy, Br16.9 billion (80.9%) on financing the social sphere (social policy, education, healthcare, physical training, sport, culture, and mass media).

The surplus of the public administration sector budget totaled Br2.5 billion in January-October 2021. Revenues made up Br54 billion (90.7% of the revised annual target) while expenses stood at Br51.5 billion (78.4%).

The surplus of the Social Security Fund budget reached Br0.3 billion, with revenues at Br16 billion and expenses at Br15.7 billion.

As of 1 November 2021 the arrears on tax and duty payments stood at Br257.7 million.

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