RESOLUTION OF COUNCIL OF MINISTERS OF THE REPUBLIC OF BELARUS

of December 15, 2025 No. 726

About the plan of social and economic development of the Republic of Belarus for 2026

(Extraction)

Based on Article 495 of the Civil code of the Republic of Belarus, subitem 3.1 of Item 3 of the Presidential decree of the Republic of Belarus of November 3, 2025 "About the major indicators and parameters of social and economic development of the Republic of Belarus for 2026" the Council of Ministers of the Republic of Belarus DECIDES: No. 385

1. Determine quarterly values of the major indicators and parameters of social and economic development of the Republic of Belarus for 2026 according to appendix 1.

2. Provide unconditional accomplishment of the target indicators and parameters for 2026 set according to appendix 2 *, heads:

2.1. the republican state bodies and other organizations subordinated to the Government of the Republic of Belarus on:

profitability of sales in the industry;

to export growth of goods countrywide;

to export growth of services countrywide;

to export growth of goods to the countries of "distant arch" **;

to export growth of goods to countries of the Commonwealth of Independent States (except for the Russian Federation);

to growth of investments into fixed capital;

to commissioning of rent housing;

extents of the built, repaired and reconstructed republican and local highways public;

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* Appendix 2 – for office use.

** Are specified in the interlinear note to appendix 2.

2.2. regional executive committees and the Minsk Gorispolkom on:

to growth of gross regional product;

to growth of the nominal added average monthly salary;

to growth of investments into fixed capital;

to the relation of debt of local authorities and the self-government and debt guaranteed by local executive and administrative organs to amount of budget receipts of area (Minsk) less the received subventions, and also the interbudget transfers transferred to other budgets.

3. Determine that work key performance indicators in 2026 are:

3.1. for the state organizations and economic societies, 50 and more percent of shares (share in authorized funds) of which belong to the state, including the holdings which are managing companies (in general on holding) (except the organizations specified in subitems 3.2-3.5 of this Item):

net profit;

profitability of sales;

decrease in the cost level on production and sales of products (works, services);

commodity export, services (for the organizations performing foreign trade activity);

growth rates of investments into fixed capital (for the organizations realizing investment projects or performing technical retrofitting);

3.2. for banks, 50 and more percent of shares of which belong to the state (further – banks):

profit;

surplus of remaining balance of term bank deposits (deposits) of legal entities and physical persons in Belarusian rubles with return term one year and more;

surplus of amount (issue) of the provided investment financing;

3.3. for "Development Bank of the Republic of Belarus" open joint stock company (further – Development bank) amounts:

the provided financing on implementation of investment and other projects;

the provided financing on support of subjects of small and medium business;

export financing;

the provided financing for acquisition of the modern machinery and equipment according to the Presidential decree of the Republic of Belarus of April 2, 2015 No. 146 "About financing of purchase of the modern machinery and equipment";

3.4. for insurance companies which property is in property of the state and insurance companies, 50 and more percent of shares (share in authorized funds) of which belong to the state (except for insurance companies with participation of the foreign capital):

the standard rate characterizing efficiency of financial and economic activities;

growth rates of insurance premiums by types of voluntary insurance (except for the insurance company performing insurance of export risks with support of the state);

growth rates of insurance premiums on types of insurance of export risks with support of the state (for the insurance company performing insurance of export risks with support of the state);

3.5. for Belarusian Currency and Stock Exchange open joint stock company:

the relation of expenses on the main activities to the income from the main activities;

profitability of equity;

the number of the physical persons registered on financial platform (marketpleysa).

4. Determine that accomplishment of the target indicators specified in Item 2 of this resolution and the key performance indicators specified in Item 3 of this resolution is considered as criterion for evaluation of work of heads in case of certification, prolongation or the conclusion of contracts with them for new term.

5. Recommend to determine:

5.1. to regional executive committees for heads of the relevant district executive committees, the Gorispolkoms quarterly measure values "The nominal added average monthly salary" and "Growth of investments into fixed capital".

For heads of district executive committees, the Gorispolkoms located in areas and the cities with population of 80 thousand people and more the determined indicators shall provide the advancing development of the territory in comparison with average in the respective area;

5.2. To the Minsk Gorispolkom for heads of administrations of districts of Minsk quarterly measure values "The nominal added average monthly salary" and "Growth of investments into fixed capital".

6. To provide to representatives of the state in governing bodies of banks, Development bank and Belarusian Currency and Stock Exchange open joint stock company determination by their governing bodies of values of the key performance indicators determined respectively in subitems 3. 2, 3.3 and 3.5 Items 3 of this resolution, being guided by recommendations of the Ministry of Economics.

To provide to representatives of the state in governing bodies of banks, Development bank determination of additional terms by their governing bodies for payment of annual bonus and the bases for its decrease (deprivation) depending on specialization of banks (amounts of the provided export financing, the provided financing to subjects of small and medium business, financing of housing construction, the provided financing to the organizations of agro-industrial complex, the level of average interest rates on new investment loans and others), being guided by recommendations of the Ministry of Economics.

Provide to the Ministry of Economics the direction to representatives of the state in governing bodies of banks, Development bank and Belarusian Currency and Stock Exchange open joint stock company of recommendations about determination of values of key performance indicators, and also additional terms for payment of annual bonus and the bases for its decrease (deprivation).

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