Economy

National Bank proposes a new system of cumulative deposits

The head of the National Bank, Roman Golovchenko, announced that the National Bank is preparing to introduce a new savings instrument — cumulative deposits in Belarusian rubles for a term of more than three years with the possibility of monthly replenishment, according to the press service of the financial institution.

For such deposits, it is proposed to provide a tax deduction — by analogy with voluntary life or pension insurance.

“Such deposits can become one of the sources for forming ‘long money’ for the economy and will stimulate citizens to save funds for housing, children’s education, and other significant goals,” Golovchenko said.

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Another Belarusian with a fabricated biography came under the scrutiny of Polish investigators 16

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