The purpose of this account is to show how national disposable income is used at the economic level for final consumption and savings; at the sector level – like DHS, OSU and non-profit organizations serving DH, distribute their disposable income between final consumption expenditures and savings. The resource part of the account for the economy […]
Tag: Used
Mineral and raw materials and fuel and energy resources
Almost 5 thousand deposits and mineral deposits have been identified and explored in the bowels of Belarus. In general, they contain about 30 types of mineral raw materials (Table 3.11). Fuel and energy resources in Belarus are represented by oil, peat, brown coal and oil shale. The main oil and gas-bearing territory is the Belarusian […]
Water
The Republic of Belarus, according to its natural conditions, belongs to the average geographical zone of the CIS in terms of water availability. There are more than 10 thousand lakes and reservoirs in Belarus, the total volume of water in which is about 6 billion m3, and 20.8 thousand rivers with a total length of […]
Terms of payment
When determining the terms of payment, the contract usually establishes: the currency of payment, the payment term, the method of payment and the form of settlement, as well as reservations for reducing or eliminating currency risk. At the conclusion of the contract of sale, it is established in which currency the payment for the goods […]
Collection form of payment
Incasso is an order from the exporter to his bank to receive from the importer (directly or through another bank) a certain amount of money or confirmation (acceptance) that this amount will be paid on time. Incasso is used in settlements on terms of both cash and commercial credit. In collection operations, banks and their […]