Highly profitable Belarusian companies to replenish state budget

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November 07, 2016 10:59

Based on performance in H1 2016, 42 highly profitable Belarusian enterprises will be required to list BYN 24.8 million to the National Development Fund. This measure is designed to redistribute enterprises’ financial resources in favour of the state budget. According to the draft national budget for 2016, the funds will be directed to accounts of large families with three and more children. Highly profitable enterprises are likely to decrease in number and some may take bank loans in order to make the required payments to the state budget. Potential payers to the Fund may understate their net income by the year-end in order to get off the list of highly profitable enterprises.

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Minsk attempts to make up for image losses from military exercises by opening to Western values
October 02, 2017 11:49
Image: Catholic.by

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.

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