Paper/Speech Details of Conference Program for the 20th NISPAcee Annual Conference Program Overview Public Finance Author(s) Yuri Krivorotko I do not belong to any Institution Minsk Belarus Title Fiscal and budgetary policy reformation in Belarus or reform which haven’t taken place File Paper files are available only for conference participants, please login first. Presenter Yuri Krivorotko Abstract Title: Fiscal policy reformation in Belarus or reforms which and haven't taken place The paper is devoted the fiscal policy in Belarus which hasn't touched public sector finance reformation. Feature of a fiscal policy development in Belarus for 20 years is that the authorities have headed not for radical financial policy reforming, and only on “cosmetic” transformations to the finance system. In a counterbalance to reforming they have proclaimed an evolutionary development of the fiscal system, based on old Soviet designs. As a result the Belarus fiscal model for 20 years of development a little than differs from the previous Soviet model where fiscal centralization was sustainable included into the system of public finance. Thus fiscal decentralization, especially in public sector, and hasn't had due development. The paper is logically divided into three parts. In the first part of paper the issues of the Belarus fiscal policy and that has been done by the authorities for advancement of financial sector in a direction of the European civilized financial systems are taken up. In the second part the features of the development of public sector finance in Belarus, ways, methods and toolkit of financing of public services, problems of development of fiscal decentralization and why fiscal centralization has taken the top over the fiscal decentralization will be shown. In the third part of paper a key issues of the public finance reforms implementation will be concerned: allocation of independent system of the municipal finance from system of State finances; implementation of fiscal decentralization; removal of barriers in fiscal capacities of local authorities and restrictions in a local government's fiscal autonomy; competition development in jurisdictions; administrative and territorial transformations. In the paper a huge digital and analytical material characterizing public finance development in Belarus for 20 years from positions of macroeconomic are presented.
