2010.12.06 | Finance Ministry prepares state budget adjustments; deficit at 2% of GDPThe Belarusian Finance Ministry has prepared adjustments of the state budget with a deficit of 2% of GDP, First Deputy Finance Minister Vladimir Amarin told reporters on Friday.
“The adjustments have been prepared. We plan to have a deficit of 2% of GDP,” Amarin said, adding that the draft document had not yet been sent to the president.
The budget deficit forecast for 2010 had originally been set at 1.5% of GDP, or 2.7 trillion rubles.
Belarus’ Finance Ministry posted a republican budget deficit of 2.089 trillion rubles, or 1.6% of GDP in January-October 2010. Republican budget revenues amounted to 24.298 trillion rubles in January-October, or 68.4% of the adjusted target for the whole year. Republican budget expenditures reached 26.387 trillion rubles, 65.8% of the target for 2010
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