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03.05.2018

Lukashenko: Favorable trends in foreign markets offer the prospect of additional budget revenues


MINSK, BelTA – Favorable external conditions offer the prospect of additional revenues to the budget, Belarus President Alexander Lukashenko said at a government session held on 3 May to discuss Belarus' social and economic development, BelTA has learned.

“The conditions are favorable today. Rising world prices (for oil – note by BelTA) are good for us too because this means the prices for petroleum products that we manufacture in Belarus are rising too. The prices for mineral fertilizers, including potassium, are growing as well. This enables us to count on additional revenues to the budget. Nobody knows how long this period will last but it will not last forever. We need to reap as many benefits as possible from the current trends and maintain the forward momentum in all areas,” the president said.