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The document ceased to be valid since  September 15, 2018 according to the Resolution of Council of Ministers of the Republic of Belarus and National Bank of the Republic of Belarus of September 11, 2018 No. 658/12

RESOLUTION OF COUNCIL OF MINISTERS OF THE REPUBLIC OF BELARUS AND NATIONAL BANK OF THE REPUBLIC OF BELARUS

of August 31, 2015 No. 733/17

About approval of the Anti-inflationary program

(as amended on 30-12-2016)

For the purpose of creation of conditions for acceleration of economic growth and increase in efficiency of economic policy Council of Ministers of the Republic of Belarus and National Bank of the Republic of Belarus POSTANOVLYAYUT:

1. To the republican state bodies and other state organizations subordinated to Council of Ministers of the Republic of Belarus, regional executive committees and the Minsk Gorispolkom to consider priority task decrease of the inflation rate in 2015-2016 and finishing its level since 2017 to digit.

2. Approve the enclosed Anti-inflationary program (further - the program).

3. To represent to the republican state bodies and other state organizations subordinated to Council of Ministers of the Republic of Belarus, National Bank, regional executive committees and the Minsk Gorispolkom quarterly to the 15th following reporting quarter to the Ministry of anti-monopoly regulation and trade information on the program implementation course.

4. To the ministry of anti-monopoly regulation and trade to perform monitoring of accomplishment by the republican state bodies and other state organizations subordinated to Council of Ministers of the Republic of Belarus by National Bank, regional executive committees and the Minsk Gorispolkom of the program and quarterly the 25th following reporting quarter to inform the Government of the Republic of Belarus on the course of its realization.

5. This resolution becomes effective from the date of its acceptance.

Prime Minister of the Republic of Belarus

A. Kobyakov

Chairman of the board of National Bank of the Republic of Belarus

P. Kallaur

 

Approved by the Resolution of Council of Ministers of the Republic of Belarus and National Bank of the Republic of Belarus of August 31, 2015 No. 733/17

Anti-inflationary program

Name of action

Executives in charge

Completion dates

Execution form

Monetary policy

1. Ensuring financing of state programs and actions in 2015 on the amount no more 44, 2 trillion rubles, in 2016 – no more than 42 trillion rubles

Ministry of Economics, Ministry of Finance, National Bank, JSC Development Bank Republic of Belarus, banks

 2015-2016

implementation of state programs and actions

2. Maintenance of rates of the money market positive in real terms

National Bank

constantly

decisions of National Bank

3. Carrying out monetary policy in the mode of monetary targeting

"

 2016

"

4. Maintenance of the balanced situation in the domestic foreign exchange market, including due to implementation of flexible course policy

"

constantly

"

5. Ensuring the balanced growth rates of wide money supply

"

"

"

Budget tax policy

6. Carrying out in 2016 the excise policy providing establishment of rates of excises concerning alcoholic and tobacco products taking into account the parameters of harmonization and need of preserving competitiveness of domestic production approved within the Eurasian Economic Union, preserving rates of excises on gasolines automobile and diesel fuel at the level of 2015 and also step-by-step indexation of rates of excises on the gas used as automobile fuel and oil for cars with diesel and (or) carburetor (injector) engines within the predicted inflation parameter (in general for 12 percent with breakdown on half-year)

Ministry of Finance, Ministry of Taxes and Tax Collection, Ministry of Economics, MART

 2016

the bill of the Republic of Belarus "About modification and amendments in the Tax code of the Republic of Belarus"

Price policy

7. Development of "road map" of change of regulated prices (rates) for goods (services)

Ministry of Economics, Ministry of Trade, republican state bodies, regional executive committees, Minsk Gorispolkom

 November-December, 2015.

the decision of the Commission on questions of state regulation of pricing under Council of Ministers of the Republic of Belarus

8. Step-by-step reducing cross and budget subsidizing of the housing-and-municipal and transport services within provided by the forecast of social and economic development of the Republic of Belarus:

 

 

 

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