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A plan of top-priority measures aimed at liberalising business conditions in 2009 was approved by the Belarus President Administration and the Government of the Republic of Belarus on January 13, 2009, BelTA learnt from representatives of the Economy Ministry.

The document was adopted in order to improve the country’s business and...

Starting February 1, 2009 full-fledged declarative state registration of businesses will be introduced in Belarus except for banks and non-banking credit and finance institutions. President of Belarus Alexander Lukashenko signed relevant decree No 1 on January 16, the press service of the head of state told BelTA.

A business will be...

President of Belarus Alexander Lukashenko has signed the law “Social protection of citizens affected by the Chernobyl catastrophe, other radiation emergencies”, the press service of the head of state told BelTA.

The new law is meant to ensure the proper level of social security for citizens affected by the Chernobyl disaster,...

Belarus and China may build up the mutual trade significantly, Chairman of the Council of the Republic of the National Assembly of Belarus Boris Batura said during his meeting with Ambassador Extraordinary and Plenipotentiary of China to Belarus Lu Guicheng in Minsk on January 14, BelTA has learnt.

Boris...

There will be no denomination in Belarus, President of Belarus Alexander Lukashenko told reporters on January 13, BelTA has learnt.

“We are not going to carry out any denomination. If we take a decision to carry out denomination, we will announce it three or four months in advance,” the Head...

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...

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...

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...

The local authorities need to concentrate efforts on setting up production facilities which use local raw materials, Belarusian President Alexander Lukashenko set this task during a meeting dedicated to new appointments on January 9, BelTA learnt from the presidential press service.

According to him, this will help the Belarusian...

Deficit in the foreign currency at the exchange offices is temporal, the National Bank of the Republic of Belarus (NBRB) says.

“A shortfall in the foreign currency at the exchange offices has been evident in recent days. The banks, however, are trying to maintain a necessary volume of the foreign currency...