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Belarusian MPs to resume work on adjusting Tax Code

Society 11.12.2019 | 13:18
An archive photo
An archive photo

MINSK, 11 December (BelTA) – Members of the parliament intend to return to the matter of adjusting the Tax Code, BelTA learned from the MP Lyudmila Nizhevich.

Lyudmila Nizhevich has been nominated for the position of the chairwoman of the Budget and Finance Commission. She said: “We will have to return to the matter of adjusting the Tax Code taking into account the law enforcement practice. A lot of work has been done but we have to move forward. We will have to improve the taxable base and encourage entrepreneurship. We will have to once again do a considerable amount of work in this area.”

The MP remarked that serious work will have to be done to improve regulations on banking. First of all, it will be necessary to bolster the security and stability of the banking system and address the creation of new products and services.

According to Lyudmila Nizhevich, MPs will have to return to the matter of adjustment of budget legislation, legislation on accounting, bookkeeping, audits, the development of the stock market and insurance services. “I am convinced that the reasonable mechanism that exists in the parliament today as well as continuity will allow us to continue working effectively and create the laws the economy needs taking into account the first-hand knowledge of the state of affairs and the legislation,” she added.

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