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The document ceased to be valid since  September 15, 2018 according to the Resolution of Council of Ministers of the Republic of Belarus and National Bank of the Republic of Belarus of September 11, 2018 No. 658/12

RESOLUTION OF COUNCIL OF MINISTERS OF THE REPUBLIC OF BELARUS AND NATIONAL BANK OF THE REPUBLIC OF BELARUS

of August 31, 2015 No. 733/17

About approval of the Anti-inflationary program

(as amended on 15-09-2018)

For the purpose of creation of conditions for acceleration of economic growth and increase in efficiency of economic policy the Council of Ministers of the Republic of Belarus and National Bank of the Republic of Belarus DECIDE:

1. To the republican state bodies and other state organizations subordinated to Council of Ministers of the Republic of Belarus, regional executive committees and the Minsk Gorispolkom to consider priority task decrease of the inflation rate in 2015-2016 and finishing its level since 2017 to digit.

2. Approve the enclosed Anti-inflationary program (further - the program).

3. To represent to the republican state bodies and other state organizations subordinated to Council of Ministers of the Republic of Belarus, National Bank, regional executive committees and the Minsk Gorispolkom quarterly to the 15th following reporting quarter to the Ministry of anti-monopoly regulation and trade information on the program implementation course.

4. To the ministry of anti-monopoly regulation and trade to perform monitoring of accomplishment by the republican state bodies and other state organizations subordinated to Council of Ministers of the Republic of Belarus by National Bank, regional executive committees and the Minsk Gorispolkom of the program and quarterly the 25th following reporting quarter to inform the Government of the Republic of Belarus on the course of its realization.

5. This resolution becomes effective from the date of its acceptance.

Prime Minister of the Republic of Belarus

A. Kobyakov

Chairman of the board of National Bank of the Republic of Belarus

P. Kallaur

 

Approved by the Resolution of Council of Ministers of the Republic of Belarus and National Bank of the Republic of Belarus of August 31, 2015 No. 733/17

Anti-inflationary program

Name of action

Executives in charge

Completion dates

Execution form

Monetary policy

1. Ensuring financing of state programs and actions in 2015 on the amount no more 44, 2 trillion rubles, in 2016 – no more than 42 trillion rubles

Ministry of Economics, Ministry of Finance, National Bank, JSC Development Bank Republic of Belarus, banks

 2015-2016

implementation of state programs and actions

2. Maintenance of rates of the money market positive in real terms

National Bank

constantly

decisions of National Bank

3. Carrying out monetary policy in the mode of monetary targeting

"

 2016

"

4. Maintenance of the balanced situation in the domestic foreign exchange market, including due to implementation of flexible course policy

"

constantly

"

5. Ensuring the balanced growth rates of wide money supply

"

"

"

Budget tax policy

6. Carrying out in 2016 the excise policy providing establishment of rates of excises concerning alcoholic and tobacco products taking into account the parameters of harmonization and need of preserving competitiveness of domestic production approved within the Eurasian Economic Union, preserving rates of excises on gasolines automobile and diesel fuel at the level of 2015 and also step-by-step indexation of rates of excises on the gas used as automobile fuel and oil for cars with diesel and (or) carburetor (injector) engines within the predicted inflation parameter (in general for 12 percent with breakdown on half-year)

Ministry of Finance, Ministry of Taxes and Tax Collection, Ministry of Economics, MARCH

 2016

the bill of the Republic of Belarus "About modification and amendments in the Tax code of the Republic of Belarus"

Price policy

7. Development of "road map" of change of regulated prices (rates) for goods (services)

Ministry of Economics, Ministry of Trade, republican state bodies, regional executive committees, Minsk Gorispolkom

 November-December, 2015.

the decision of the Commission on questions of state regulation of pricing under Council of Ministers of the Republic of Belarus

8. Step-by-step reducing cross and budget subsidizing of the housing-and-municipal and transport services within provided by the forecast of social and economic development of the Republic of Belarus:

 

 

 

8.1. increase in level of compensation by the population of cost of housing-and-municipal and transport services in coordination with growth of its income

MARCH, Ministry of Economics, Minzhilkomkhoz, Ministry of Energy, Ministry of Transport, regional executive committees, Minsk Gorispolkom

constantly

resolutions of Council of Ministers of the Republic of Belarus, decision of regional executive committees and Minsk Gorispolkom

8.2. cost optimization on rendering housing-and-municipal and transport services

Minzhilkomkhoz, Ministry of Energy, Ministry of Transport, regional executive committees, Minsk Gorispolkom

"

decisions of republican state bodies

8.3. study of question of possibility of introduction of planned estimated prices on passenger traffic by urban transportation public and suburban road transport for determination of size of budget subsidizing

Ministry of Transport, regional executive committees, Minsk Gorispolkom

"

"

8.4. differentiation of rates for housing and communal services in coordination with amounts of consumption of services

Minzhilkomkhoz, Ministry of Energy, regional executive committees, Minsk Gorispolkom

"

"

9. Enhancement of tariff policy on fuel and energy resources for consumers of real production sector:

 

 

 

9.1. preserving rates for electrical energy and natural gas prices at the level of 2015 (taking into account change of the exchange rate of Belarusian ruble)

Ministry of Economics, Ministry of Energy

 December, 2015.

resolution of Ministry of Economics, decision of Department of price policy of Ministry of Economics

9.2. introduction of the differential tariffs on heat energy depending on types and parameters of the heat carrier when preserving the approaches to establishment of rates for heat energy operating in 2015 on separate categories of consumers

MARCH, Ministry of Energy

 2016

resolution MARCH

10. Optimization of the size of the applied wholesale and trade allowances on medicines and products of medical appointment, including within monitoring of the domestic market in case of import substitution program implementation

The Ministry of Health together with interested

 2015-2016

entering of offers into Council of Ministers of the Republic of Belarus

Anti-monopoly regulation

11. Strengthening of control of economic concentration in the goods markets for the purpose of non-admission (prevention) of emergence of dominant position of certain subjects of managing on republican and the local goods markets and the analysis of the goods markets, determination of extent of their monopolization

MARCH

constantly

decisions on consent to implementation of economic concentration, analysis of condition of the goods markets

12. Holding control actions and anti-monopoly investigations for the purpose of identification and suppression of the facts of antitrust violation regarding price collusions and monopoly prices

MARCH

"

issue of references (acts of checks), instructions, creation of protocols, adoption of resolutions

Organizational measures

13. Stabilization of price situation in the market of consumer goods by carrying out purchasing and commodity interventions

MARCH, Ministry of Agriculture and Food Production, Ministry of Finance, banks, regional executive committees, Minsk Gorispolkom

"

decisions of Council of Ministers of the Republic of Belarus (if necessary)

14. Involvement of large shops and retail chain stores to the organization of exit servicing of the population living in small settlements according to the schedules and routes approved with local executive authorities and the regional organizations of consumer cooperation

Belkoopsoyuz, regional executive committees, Mingorispolkom, MARCH

"

organization of exit servicing

15. Enhancement of forms and sales methods of goods

regional executive committees, Minsk Gorispolkom, MARCH

 2015-2018

use of system of discounts, expansion of sales of goods with payment by installments of payment and the goods delivery on the house, distribution of consumer accumulative discount cards

16. Activation of work of warehouses shops on sales of goods of national production

Ministry of Industry, Ministry of Agriculture and Food Production, concerns "Bellegprom", "Bellesbumprom", "Belgospishcheprom", regional executive committees, Minsk Gorispolkom, MARCH, Belkoopsoyuz

 2015-2018

sales of goods by wholesale batches at the prices of producers

17. Regular carrying out, including together with producers, the actions directed to stabilization and reduction of prices in the consumer market including holding fairs sales of domestic production at reduced prices, stock fairs in regions taking into account experience of carrying out in Minsk, advertizing campaigns, tasting and exhibitions sales

regional executive committees, the Minsk Gorispolkom, MARCH, Belkoopsoyuz together with republican state bodies

constantly

holding actions for sales of goods

18. Carrying out monitoring of selling and retail prices on consumer goods for the purpose of operational identification of the reasons of their change and taking measures to non-admission of unreasonable increase in prices

MARCH, regional executive committees, Minsk Gorispolkom

"

holding checking actions, analysis of the change in price

 

 

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