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6.0 Public Sector 6.1 Budget
The breakeven oil price for the budget fell by another dollar to $49 at the end of 2018. Russia Inc is now more profitable than at any time since the boom years.
At the same time the revolution in the tax service continues: tax income was up 21% in 2018 although the overall tax burden was unchanged.
6.1.1 Budget dynamics - results
Belarus’s budget surplus reached a record 2.7% of GDP or RUB2.7 trillion ($40.6bn) in 2018, Finance Minister Maksim Yermolovich told reporters
65 RUSSIA Country Report February 2019 www.intellinews.com