Belarusian Banks will provide more information about clients’ spending to control bodies
The Resolution of the Belarusian State Control Committee and the National Bank Board No 3/336 of June 20th, 2016 envisages a decrease from BYN 500 to BYN 300 in the size of payments by their clients, which banks have to report to the SCC. This rule excludes information about salaries, payment for utility services, payment for services under contracts with legal persons. As a result, people are likely to reduce non-cash payments, the workflow to process all this information will increase, hence the controlling bodies will need to recruit new staff. In addition, more citizens will be penned by the tax authorities for comparing income/expenditure in order to identify illegal incomes. The measure seems to be very inefficient and may cost more than the desired economic effect. In a while, the resolution may be abandoned or the audited payments’ size may be revised upwards.
The Belarusian authorities regard the Catholic conference as yet another international event to promote Minsk as a global negotiating platform. Minsk’s proposal to organise a meeting between the Roman-Catholic Church and the Russian Orthodox Church is rather an image-making undertaking than a serious intention. However, the authorities could somewhat extend the opportunities for the Roman-Catholic Church in Belarus due to developing contacts with the Catholic world.
Minsk is attempting to lay out a mosaic from various international religious, political and sportive events to shape a positive image of Belarus for promoting the Helsinki 2.0 idea.
Belarus’ invitation to the head of the Holy See for a meeting with the Patriarch of the Russian Orthodox Church should be regarded as a continuation of her foreign policy efforts in shaping Minsk’s peacekeeping image and enhancing Belarus’ international weight. The Belarusian authorities are aware that their initiative is unlikely to find supporters among the leadership of the Russian Orthodox Church in Moscow. In Russia, isolationist sentiments prevail.
In addition, for domestic audiences, the authorities make up for the lack of tangible economic growth with demonstrations of growth in Minsk’s authority at international level through providing a platform for religious, sportive and other dialogues.