The Finance Ministry hosted a session of the ministry’s board to review results of executing the Republic of Belarus’ state budget in 2025 and tasks of financial bodies for the year 2026. Prime Minister of Belarus Aleksandr Turchin took part in the session.
The meaningful dialogue took over two hours. Key matters, on which the efficiency of the financial system depends, were in the center of attention.
The Prime Minister noted that requirements for the entire power vertical of Belarus’ financial system will only grow higher in these complicated times. “And this is why you should be ready for it,” Aleksandr Turchin told those present.
The Head of Government emphasized that a lot in the economy depends on the state of financial discipline. “If we follow it strictly, we will not have to deal with many problems,” he is convinced.
“I mentioned the pursuance of a unified policy in the Finance Ministry system for a reason. The central staff, oblast offices, district branches, treasury bodies, oversight offices – all of us should work towards one result. We face many tasks, this is why we need to treat every kopeck of the state budget with utmost carefulness and consideration. And financiers are always the people, who guard the state budget,” the Prime Minister noted.
Belarus’ financial system is absolutely steady, the Head of Government stated. “The people who work in this system are professionals. Yes, there are minor details but I am convinced that all of us will successfully accomplish all the tasks that we face. This is why I want you to get in the mood for serious work and I expect the Finance Ministry to fulfill the tasks and the instructions set by the Head of state and by the Government,” Aleksandr Turchin noted.
Complicated topics, which discussion was overdue, were on the agenda. In particular, increasing the efficiency of management of public spending. Every budget ruble should work to produce results, the source in the government stressed.
The role of municipal financial bodies was another important topic. It is on the ground that real needs are visible. In particular, participants of the session discussed stepping up their self-government and responsibility.
The need to continue optimizing the state budget was noted.
Apart from that, the development of the insurance market was looked into. Potential for increasing its contribution to the economy was noted, the source said.
