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17/02/2005 Minister
says defense spending below 1.5% of GDP in Belarus
MINSK, Feb 17 (Prime-Tass) -- Belarus’ state budget defense
spending was below 1.5% of GDP in 2004, less than in any other CIS country,
Defense Minister, Colonel General Leonid Maltsev told a news conference
Thursday. The minister believes the attempts to accuse Belarus
of militarization have no grounds. “Belarus is the least militarized country
in the CIS, where defense spending stands at about 2% of GDP,” Maltsev said. In 2005 defense spending is projected at 539.6
billion Belarusian rubles. In January-November 2004 defense spending amounted
to 404 billion Belarusian rubles, or 94% of the target. The minister also reported about the military reform
carried out in the armed forces in 2001-2004. “One of the tasks of the reform was to bring the army
in conformity with the economic potential of the country, which has been
successfully done,” Maltsev said. End Belarus
posts state budget deficit at 0.1% of GDP in 2004 (extended version)
Extended and adjusted version of article dated
February 16 MINSK, Feb 17 (Prime-Tass) -- Belarus’ Finance
Ministry has posted the state budget deficit of 60.2 billion Belarusian
rubles, or 0.1% of the gross domestic product (GDP) in 2004, an official with
the Statistics Ministry told Prime-Tass. State budget revenues amounted to 14.260 trillion
Belarusian rubles in 2004, 101.8% of the target Profit tax revenues stood in the period at 1.002
trillion Belarusian rubles, or 104.4% of the target, VAT revenues at 2.482
trillion rubles, 100.5% of the target, and excise revenues at 955.3 billion
Belarusian rubles, 103.8% of the target. Foreign trade and foreign economic
activity revenues amounted to 10.95 trillion rubles, 103.3% of the target.
The revenues accumulated in budget targeted funds stood at 2.042 trillion Belarusian
rubles, or 102.9% of the target. The state budget spending reached 14.320 trillion
rubles, 5% below the target for 2004. The spending on social and cultural arrangements
amounted to 1.858 trillion Belarusian rubles, 90.5% of the target, state
authorities and local authorities 287.6 billion rubles, 2.4% below the
target, agriculture spending 175.2 billion rubles, 99.1% of the target. The industry, energy and construction sectors were
the most underfinanced one in January-November and received 16.6 billion
Belarusian rubles, or 62.3% of the target. The 2004 state budget adjusted spending was expected
at 15.071 trillion Belarusian rubles, while revenues were planned at 14.002
trillion Belarusian rubles. Last year’s budget deficit was not to exceed 1.070
billion rubles, or 2.2% of GDP. The revenues of the republican budget for 2005 are
planned at 18.3 trillion Belarusian rubles, and spending at 19.2 trillion
Belarusian rubles. The budget deficit is seen at 0.91 trillion Belarusian
rubles, or 1.5% of GDP. End (2,167 Belarusian rubles - U.S. $1) 16/02/2005 Belarus
posts state budget deficit at 0.1% of GDP in 2004
MINSK, Feb 16 (Prime-Tass) -- Belarus’ Finance
Ministry has posted the state budget deficit of 57.9 billion Belarusian rubles,
or 0.1% of the gross domestic product (GDP) in 2004, an official with the
Finance Ministry told Prime-Tass Wednesday. State budget revenues amounted to 14.255 trillion
Belarusian rubles in 2005, and spending reached 14.313 trillion rubles. The 2004 state budget adjusted spending was expected
at 14.458 trillion Belarusian rubles, while revenues were planned at 13.517
trillion Belarusian rubles. Last year’s budget deficit was not to exceed 941
billion rubles, or 1.9% of GDP. The revenues of the republican budget for 2005 are
planned at 18.3 trillion Belarusian rubles, and spending at 19.2 trillion
Belarusian rubles. The budget deficit is seen at 0.91 trillion Belarusian
rubles, or 1.5% of GDP. End |
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