Posted:
03.01.2024 10:29:00
The law on the republican budget of Belarus for 2024 was signed
Law of the Republic of Belarus dated December 27th, 2023 No. 328-Z On the Republican Budget for 2024 was included in the National Register on December 29th. This indicates that the document was signed by the President of the country.
Previously, the document was considered in the House of Representatives and the Council of the Republic of the National Assembly. On December 13th, senators approved the corresponding bill, after which it was sent to the Head of State for signature.
At the meeting of the 11th session of the Council of the Republic of the seventh convocation, the document was presented by Finance Minister Yuri Seliverstov. The budget was formed based on the parameters of economic development for the next year, which were approved by Decree of the Head of State No. 307 of October 2nd, 2023, as well as the implementation of tax policy measures.
As previously reported, republican budget revenues in 2024 are planned at Br39.9 billion, the consolidated budget — Br67.5 billion, which is 2.8 percent and 6.3 percent more, respectively, than the revenue estimate for 2023.“The main share of budget revenues comes from VAT, income tax, income from foreign economic activity, income tax and excise taxes,” Finance Minister said, speaking on December 13th in the Council of the Republic.
In 2024, expenditures of the republican budget are planned in the amount of Br44.7 billion, the consolidated budget — Br72.7 billion, or 113.9 percent and 112.1 percent, respectively, of the 2023 estimate.
The priority areas of budget policy in 2024 remain the social sphere, increasing the well-being of citizens by increasing wages, and supporting the national economy in the current conditions.In particular, the republican budget expenditures for 2024 provide funds for the payment of family capital — Br383 million, financing of housing construction with state support — Br1.7 billion.
Let us recall that on October 2nd, the President of Belarus Aleksandr Lukashenko signed Decree No. 307, which approved the most important forecast parameters for the country’s development for 2024.
The main goal of next year’s economic policy will be to ensure the stability of the economy and increase the well-being of the population.
State awards in Belarus: what will change?
Aleksandr Lukashenko signed the Law amending the Law On State Awards of the Republic of Belarus.The document, in particular, implements the powers of the Belarusian People’s Congress in terms of awarding the President of Belarus with state awards, as well as initiating awards to other persons.
In order to increase the significance of the award of the Order of the Mother, additional conditions for the award of this award are established. Thus, the Order of the Mother can be awarded to women who have citizenship of the Republic of Belarus, who gave birth and (or) properly raised five or more children — citizens of the Republic of Belarus, who have high moral qualities and responsibility in raising and maintaining children, caring for their health, development, training, preparation for socially useful work, instilling in them culture and respect for the laws, historical and national traditions of Belarus.
In order to increase the authority of the activities of media representatives, the Law establishes a new state award — the honorary title Honoured Media Worker of the Republic of Belarus.
Based on materials of sb.by and belta.by
