Around 1,700 entities get aid thanks to community support bill
<p> MINSK, Jun 5 - PrimePress. Around 1,700 economic entities have received assistance in the framework of President Lukashenko’s ordinance #143 of Apr 24, 2020, according to Belarus’ Economy Minister Alexander Chervyakov. </p> <p> </p> <p> The minister released these figures during a video conference with representatives of associations of companies and self-employed businessmen on June 4, as reported by the press service of the Economy Ministry of Belarus. </p> <p> </p> <p> The minister says that Belarus has created a three-level system of pandemic alleviation economic support based on the provisions of ordinance #143. The first level is aimed at reducing costs for companies and self-employed businessmen by reducing the tax burden, as well as land and property rents and debt for energy resources. It also provides opportunities to adjust depreciation policies, recalculate exchange rate differences and attribute them to future periods. The second level is support for employers to pay salaries and social assistance to citizens. The third level - target support to companies affected by the pandemic. </p> <p> </p> <p> As previously reported, President Lukashenko signed into action ordinance #143 of Apr 24, 2020 “On Supporting The Economy,” which defines measures to ensure sustainable operation of the country’s economy and social sphere in conditions of coronavirus infection development. The ordinance provides for the implementation of measures to support economic entities in certain sectors of the economy that are most vulnerable to the adverse impact of the current epidemiological situation. The list of such industries is defined in the annex to the ordinance. End </p>
2020-06-06
Primepress
Around 1,700 entities get aid thanks to community support bill
MINSK, Jun 5 - PrimePress. Around 1,700 economic entities have received assistance in the framework of President Lukashenko’s ordinance #143 of Apr 24, 2020, according to Belarus’ Economy Minister Alexander Chervyakov.
The minister released these figures during a video conference with representatives of associations of companies and self-employed businessmen on June 4, as reported by the press service of the Economy Ministry of Belarus.
The minister says that Belarus has created a three-level system of pandemic alleviation economic support based on the provisions of ordinance #143. The first level is aimed at reducing costs for companies and self-employed businessmen by reducing the tax burden, as well as land and property rents and debt for energy resources. It also provides opportunities to adjust depreciation policies, recalculate exchange rate differences and attribute them to future periods. The second level is support for employers to pay salaries and social assistance to citizens. The third level - target support to companies affected by the pandemic.
As previously reported, President Lukashenko signed into action ordinance #143 of Apr 24, 2020 “On Supporting The Economy,” which defines measures to ensure sustainable operation of the country’s economy and social sphere in conditions of coronavirus infection development. The ordinance provides for the implementation of measures to support economic entities in certain sectors of the economy that are most vulnerable to the adverse impact of the current epidemiological situation. The list of such industries is defined in the annex to the ordinance. End