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Aliaksandr Chubrik: Our country has reached certain cultural level

25.11.2012  |  Economy   |  Zmicier Kazlouski, EuroBelarus,  
Aliaksandr Chubrik: Our country has reached certain cultural level

The suggestion of National Bank to impose ban on making major purchases by cash is a rather sound way to struggle against all sorts of illegal income.

 This opinion was expressed by the chairman of IPM Research Center Aliaksandr Chubrik to the EuroBelarus Information Service.

Let us recall that Deputy Chairman of the board of National Bank Siarhei Dubkou told about the suggestion to impose ban on cash payments for goods, works and services priced at more than 100 baseline values.

It seems to me that some part of purchases, which are not too big so that to attract attention of tax authorities, is made in Belarus”, - outlined Aliaksandr Chubrik. And thus “quite rich people can make major purchases by cash from illegal income without drawing attention of tax authorities”.

The measure suggested by National Bank will allow to “record once again those who make major purchases”, - the economist assumes. ”And the issue here is not about the purchase of automobiles or real property, because the government has already had the possibility to monitor such dealings”.

As to the growth in non-cash payments, I would say that this measure may also have quite a positive effect”, - the interlocutor pointed out. He reminded that the order to transfer wages to credit card accounts had a positive effect at the time: “Everybody started to use cards. But to be honest, not everybody started to use them to pay off. But all the same, this measure boosted the growth in non-cash payments in Belarus”.

Aliaksandr Chubrik believes that imposing ban on shopping for cash will hardly significantly increase the number of Belarusan customers who shop in foreign stores. “Just about everyone is already stocking up abroad”, - he outlined.

In general, the economist took a favourable view of the possible innovation: “It seems to me that this step is indicative of a certain level of financial culture that we have reached”. The fact that Siarhei Dubkou was making reference to the international experience is some kind of confirmation to this thesis, too. “I wouldn’t say that this is a landmark event for Belarusan economy”, - Aliaksandr Chubrik summed up.

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