Page 23 - bne IntelliNews Country Report: Belarus Dec17

6.0 Public Sector 6.1 Budget
Current taxes will not be raised and no new taxes will be introduced in Belarus till 2020 the government said on 23 November. The ordinance prohibits raising tax rates and introducing new taxes, fees, and duties till 2020. Commercial entities, which retail their products online, will be able to use the simplified taxation scheme as from 1 January 2018. The authorities will not be able to collect taxes from commercial entities if the demand to pay taxes is not sent within five years of the deadline. Technical regulations, which are now mandatory for Belarusian commercial entities, will have to pass expert evaluation for conformance with resolutions and legal acts of the Council of Ministers.
6.2 Debt
Belarus - Gross external debt 2010 2011 2012 2013 2014 2015 2016
Budget: gross debt (LC bn) 64,971 136,382 207,059 247,116 315,252 290,020 289,520
Budget: gross debt (% GDP)
39.5 45.9 39.04 38.07 40.5 40.38 53.1
7.0 FX
Belarus -FX 2010 2011 2012 2013 2014 2015 2016
Currency (units per USD) (eop) 3,000 8,350 8,570 9,510 11,850 18,569 19,656
Currency (units per EUR) (average)
4,007 8,051 10,778 11,834 13,220 17,828 22,005
Currency (units per USD) (average) 2,979 4,975 8,337 8,880 10,224 15,926 19,885
23BELARUSC t R tD b 2017 itlli