The House of Representatives has passed the 2026 republican budget bill in the first reading.
According to the previously published draft, revenues for next year are projected at 54.384 billion roubles, with expenditures at 58.733 billion. The deficit is expected to reach 4.32 billion roubles — 2.5% lower than in 2025. Compared with the 2025 budget law, expenditures are up 16.7%, and revenues up 18.6%.
The president’s additional reserve fund is planned at nearly 300.55 million roubles, while the total presidential fund will amount to 755.65 million — 250 million less than in 2025.
In the revenue structure, tax revenues are projected at 38.3 billion roubles, including 2.95 billion from income and profit taxes (+150 million compared with the 2025 budget), and 26.56 billion from taxes on goods, work and services (+3.62 billion). Within that group, VAT will amount to 21.5 billion roubles (+2.5 billion), while excise taxes will total 3.74 billion (+734 million).
Tax revenues from foreign economic activity are projected at 7.95 billion roubles (–450 million), including 2.46 billion in duties transferred by EAEU states. Other taxes and fees are estimated at 835.03 million roubles (+99 million).
Non-tax revenues are planned at 6.16 billion roubles (+2 billion), including 3.4 billion from state property (+1 billion), of which 2.55 billion (+590 million) will come from dividends and a share of enterprise profits. Revenue from profit-generating activities will amount to almost 958.2 million roubles (+230 million). Fines and withholdings are expected to reach 313.5 million roubles (+66.3 million).
Grants from foreign states are projected at 6.67 billion roubles — an increase of 2.3 billion compared with the 2025 budget.
On the expenditure side, 27.2 billion roubles (+3.83 billion) will go to general government functions, including 1.57 billion (+206 million) for general-purpose state bodies, 484.5 million (+47.8 million) for international activities, and 1.6 million for elections and referendums.
Debt servicing costs are set at 6 billion roubles (+1.27 billion), including 1.27 billion (+166 million) for domestic debt and 4.74 billion (+1.11 billion) for external debt.
National defence spending will amount to 4.52 billion roubles — 4.24 billion for defence and the Armed Forces, and 169.1 million for mobilisation needs. Overall defence spending will decrease by 210 million roubles compared with 2025, with defence and Armed Forces allocations down 230 million, while mobilisation funding will rise by 24 million.
Allocations for the judiciary, law enforcement and security will total 6.7 billion roubles (+1.36 billion). Spending on the national economy will reach 9.547 billion roubles (+1.96 billion).
Environmental protection will receive 213.83 million roubles (+21.5 million), housing and utilities and residential construction 9.85 million (+0.7 million), and healthcare 3.3 billion (+520 million).
Spending on sports, culture and media will exceed 1 billion roubles. Media will receive 198.1 million roubles (+18 million) — including 164 million (+14 million) for radio and television, 7.4 million (+0.32 million) for print media and publishers, and 26.7 million (+3.6 million) for other media-related needs. Culture spending will total nearly 305.5 million roubles, and sports 491.9 million.
Education spending from the republican budget will amount to 2.53 billion roubles (+350 million), including 1.89 billion (+400 million) for higher and research-oriented education. Most expenditure on education and healthcare in Belarus, however, is borne by local budgets.
Social policy spending will reach 3.67 billion roubles (+470 million), including 2.6 billion (+330 million) for pensions.
On the same day, the House also adopted in the first reading amendments to the Tax Code, and approved the 2026 budget of the Social Protection Fund in two readings.