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Plans to spend vehicle tax revenues on building, repairing motorways in Belarus in 2020

Society 04.11.2019 | 19:57

MINSK, 4 November (BelTA) – The money raised by collecting vehicle tax in 2020 may be spent on repairing roads and paying the loans the construction of the second Minsk ring road needed, BelTA learned from the bill on the next year's central state budget published by the Finance Ministry website.

In line with the law the money from collecting vehicle tax is supposed to be spent on the construction, reconstruction, major overhauls, and routine repairs of Belarusian motorways.

The money is also supposed to be spent on repaying the principal sum and the interest on loans granted to build the second ring road around Minsk.

Apart from that, some of the money is transferred from the national road fund to consolidated budgets of the oblasts and the Minsk city budget as subventions.

Next year's revenues of the central road fund are expected to reach Br616 million. Nearly half of the money will be raised as vehicle tax (public roads access tax).

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