The Osipovichi Region is one of the most picturesque places of Belarus. The region is situated in the south-west part of the Mogilev oblast within the Central-Berezina plain. The territory of the region is predominantly flat with a slight rise in its western part. The forests make up 60% of the region’s territory, farmland - 29%, lakes and ponds – 2%, swamps -2%. Some 20 rivers flow through the region, including three major rivers – Berezina, Svisloch, Ptich. Total length of the river network is 351km. There is a large water-storage (1307.7 hectares), a water power plant and the Svisloch fish farm on the Svisloch.
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Belarus’ budget executed with a 3% surplus in 2011
 February 08, 2012MINSK, 8 February (BelTA) – Belarus’ budget was executed with a 3% surplus in 2011, Deputy Finance Minister Maxim Yermolovich told reporters.
“In terms of fiscal policy, we did good last year. In 2011, we were planning to execute the budget with a deficit of 1.5% of GDP. Actually we did it with a surplus of 3% of GDP. This is quite a good result. The lending for government programs was provided in the volumes we projected. Therefore, the results of the budget execution are good enough,” Maxim Yermolovich said.
“There are preliminary results of the budget execution in January. It was executed with a surplus. So was the budget of the Social Security Fund, which means that we have entered into a standard process of budgetary financing,” said Maxim Yermolovich.
Speaking about the tasks for 2012, he noted that achieving high economic growth pace requires adequate funding. “All decisions to ensure further stabilization of the situation in the country and sustained economic growth have been already adopted,” Maxim Yermolovich said.
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