Five taxes to be abolished in Belarus

The Head of the State has approved the budget of Belarus for 2011. According to The First TV-Channel, there will be a considerable increase of social expenses. Thus, the next year 40% more finance will be spent on education, health care and social policy than this year. On the whole, new budget expenses will increase by 18%.  The President has also signed laws on including amendments and additions to the Budget and Tax Codes. According to these amendments, 5 taxes will be abolished, which means more than 700 billion roubles will stay at the enterprises for investments, increase of salaries and development.