Finance minister: We are preparing budget adjustment options
The record drop in oil prices will reduce Belarus' revenues from oil export duties.
On December 17, members of the House of Representatives passed the second reading of the draft budget for 2015. However, because of the situation in Russia and the world, the main financial document will have to be amended.
Here's what Finance Minister Uladzimir Amaryn said, answering a question of Euroradio:
"We are preparing options for fiscal adjustments ... This is not a risk, it is a budget process. We revised the budget in the current year and the previous year. Therefore, we are ready for it."
As you know, the oil price in the budget is $83 per barrel. Now it costs less than 60 dollars.
Photo - Fotolia
