ANNOUNCEMENT 27 Dec 2014

In December 2014, the government of Belarus liberalised foreign currency transactions.

NUMBER OF INTERVENTIONS

1

  • 0 harmful
  • 0 neutral
  • 1 liberalising
Inception date: 29 Dec 2014 | Removal date: open ended
Still in force

Controls on commercial transactions and investment instruments

On 27 December 2014, the government of Belarus decreased the tax payable by banks on the Belarusian Roubles-denominated orders they submit for the acquisition of foreign currency on auctions, organised by the Belarusian Currency and Stock Exchange (Council of Ministers Decree Nr. 1251. The new regulation lowers the tax to 20 percent, down from 30 percent stated in the original decree.
 
The decision entered into force on 29 December 2014.

AFFECTED SECTORS

 
N/A

AFFECTED PRODUCTS

 
N/A