Minister of Finance Nikolay Korbut of Belarus

byIt will be clear by December 25 whether Russia will issue a stabilization loan to Belarus, Belarusian Finance Minister Mikalay Korbut said at a news conference in Minsk on Thursday.

The draft budget for 2006 envisages a new mechanism of VAT distribution, Belarusian finance minister Nikolay Korbut said at a session of the Chamber of Representatives where the issue is presently being considered.

Nikolay Korbut said that “the step aims to eliminate the inadequacy regarding the VAT distribution among the regions and to push up its social effectiveness.

Belarusian Finance Minister Nikolay Korbut was called to Moscow and literally dumbstruck when he got here and heard of Moscow's unexpected generosity.

Korbut said that the country is counting on receiving all the money in that portion before the end of the year.

Korbut said that the Russian Finance Ministry has not yet made a final decision on the loan, but the draft loan agreement has been written.

The state budget of Belarus in 1999 will preserve its socially-oriented pattern, Belarusian Finance Minister Nikolay Korbut said on January 25, while presenting the draft budget in the parliament commissions on agriculture, Chernobyl-associated problems, environment and use of nature resources.

Belarusian Finance Minister Nikolay Korbut was called to Moscow to be announced about Moscows unexpected generosity.

Dec 21, 2007Print | E-mail | Home Russia Offers Belarus Big AidBelarusian Finance Minister Nikolay Korbut was called to Moscow and literally dumbstruck when he got here and heard of Moscow's unexpected generosity.