Kosht Urada Price of the state. Simply about our budget.

Expenditures

How do we calculate?

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Table description:

Economic classification reflects the ratio between current and investment expenditures. The structure of public expenditures in recent years can be characterized by increased share of current expenditures and a corresponding decrease of capital expenditures. The shares of subsidies , current transfers and wages increase. It is due to the last years’ state policy aimed at increasing wages and achieving a particular dollar equivalent . As a result the share of expenditures on wages in the budget was significantly higher than in other CIS countries. Other articles of expenditures, primarily capital expenditures, are reduced for compensation of wages’ growth. We took this information from the analytical reports "About the social and economic situation of the Republic of Belarus and the state of public finances".