Belarus has estimated losses of Russia

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www.vsyako.netPhoto: Vasily Fedosenko / Reuters

Receipt in the budget of the Belarus export duties on oil products in 2019 fell by a third due to tax maneuver in Russia and the suspension of export of raw materials associated with contamination of the oil. This writes BelTA, citing a statement by the Chairman of the State customs Committee of the Republic of Yuri Senko.

In total over the past year in the country’s budget received over nine billion Belarusian rubles (263,3 billion Russian rubles) payments, which are controlled by the State customs Committee. Compared with 2018 revenues fell by 4.2 percent, or 400 million Belarusian rubles (11.8 billion Russian).

Earlier, the Belarusian side stated that, according to her estimates, by 2024, the loss of the Republic from the tax maneuver in Russia will amount to 10-11 billion dollars (about 687 billion). The head of the Republic Alexander Lukashenko said that Russia has used a tax maneuver to put pressure on Belarus.

Russia remains the sole supplier of oil to Belarus. Minsk has the right to 24 million tons per year, and six million he is allowed to put on the re-export. In 2019, Russia began the so-called tax maneuver — a gradual zeroing of the export duty and raising the tax rate on mineral extraction.

Video, photo All from Russia.

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