Archive - Jan 12, 2009

There will not be another devaluation of the Belarusian national currency, Chairman of the Board of the National Bank of the Republic of Belarus (NBRB) Piotr Prokopovich told reporters after he had presented a report to President of Belarus Alexander Lukashenko on January 12, BelTA has learnt.

“A one-off devaluation...

The introduction of the single 12%-income tax rate on January 1, 2009 will not cause a downturn in budget revenues, Deputy Minister for Taxes and Duties Alexander Doroshenko told the Belarusian National TV Channel.

In his words, the single income tax rate is likely to push the wages up. According to...

In Belarus there have been defined tariffs on target contributions made by employers for the employees’ professional retirement insurance with the differentiation among the personnel working in special working conditions. Relevant decree No 23 “Tariffs on contributions for the professional retirement insurance” was signed by President of Belarus Alexander Lukashenko...