Article 132. The financial and credit system of the Republic of Belarus shall include the budget system, the banking system as well as the financial resources of non-budgetary funds, enterprises, institutions, organisations and citizens.

A uniform fiscal, tax, credit and currency policy shall be pursued in the territory of the Republic of Belarus.

Article 133. The budget system of the Republic of Belarus shall include the republican budget and local budgets.

Budget revenues shall be formed from taxes determined by law, other obligatory payments as well as other receipts.

National expenditure shall be covered by the republican budget on its expenditure side.

In accordance with the law non-budgetary funds may be established in the Republic of Belarus.

Article 134. The procedure for drawing up, approving and implementing budgets and public non-budgetary funds shall be determined by law.

Article 135. The report on implementation of the republican budget shall be submitted to the Parliament for consideration no later than five months from the end of the reporting financial year.

Reports on implementation of local budgets shall be submitted to the corresponding councils of deputies for consideration within the term determined by the legislation.

Reports on implementation of the republican and local budgets shall be published.

Article 136. The banking system of the Republic of Belarus shall consist of the National Bank of the Republic of Belarus and other banks. The National Bank shall regulate credit relations, monetary circulation, determine the procedure for making settlements and have an exclusive right to issue money.