The House of Representatives of the National Assembly of Belarus is working on a draft law on the republican budget for next year.
The head of the Standing Committee on Budget and Finance of the House of Representatives, Vasyl Panasyuk, spoke about what the 2025 budget will be like.
His statement is cited by BELTA .
What will the 2025 budget be like?
As the deputy explained, budget revenues are planned to be 45.8 billion rubles (8.1% higher than the estimate for this year’s revenues).
Tax revenues in the budget revenues make up 75.4% of the total amount, non-tax revenues – 10%, and gratuitous revenues – 14.6%.
The revenue side also includes transfers from the budgets of the Minsk region and Minsk in the amount of 2.3 billion rubles, and state target budget funds – 1.7 billion rubles.
Expenditures are projected at 50.3 billion (up 12% from the estimated execution for this year).
The structure of expenditure has not undergone significant changes and remains socially oriented.
Expenditures on healthcare will amount to 13.2 billion rubles (an increase of 12.2% compared to the current year), on education – 13.8 billion rubles (an increase of 14.5%), on social policy – 6 billion (an increase of 14.7%).
361.1 million rubles are allocated for the payment of family capital. At present, over 140,000 deposit accounts have been opened for large families for a total of over 4 billion rubles.
Panasyuk recalled that family capital can be used ahead of schedule, for example, for the construction or purchase of housing, loan repayment, medical services, or education.
1.9 billion rubles are allocated for the construction of housing with state support, 687.2 million rubles for scientific, scientific-technical and innovative activities, 871.4 million rubles for export and provision of the domestic market with modern equipment and technology, 147.4 million rubles for the centralized purchase of electric transport, as well as motor vehicles for healthcare, social services and education institutions with subsequent transfer to the regions, 1.4 billion rubles for the State Investment Program, and 2.1 billion rubles for the Republican Road Fund.
Transfers to local budgets will amount to 10.4 billion rubles, and subsidies from the Social Security Fund will amount to 1.9 billion rubles.
The budget deficit of 4.5 billion rubles is planned to be financed from the remaining budget funds.
