Tighter conditions of fuel sales
Vehicles with foreign registration number plates while filling fuel tanks at the Belarusian petrol stations in the border areas and on international highways can pay with hard currency only.
Given the current environment: 1) when further increases of fuel prices in the country is impossible for political reasons, 2) the continuing disparity in prices, and 3) the multiplicity of exchange rates, and 4) an acute shortage of foreign currency at the “Belneftekhim” concern, - the decision to protect the domestic market and to increase foreign currency earnings of the refinery is only logical, although not market-based.
The Labour and the Tax Ministries are considering the possibility to include persons engaged in some economic activity without forming a legal entity in the social security system. When the decree No 337 comes into effect, the number of private entrepreneurs is likely to reduce due to the possibility of reducing the tax burden when switching to a tax payment as an individual. 95% of self-employed, including PE, pay insurance premiums on the basis of the minimum wage. The number of self-employed citizens is expected to increase, the number of insurance contributions to the pension system from PE will decrease, the number of citizens who will pay a fee to finance government spending will decrease by several tens. Self-employed citizens have the alternative not to pay social security fees and save resources for future pensions, which, given the gradual restriction by the state of pension requirements could be a more long-sighted option.