Alcohol producers may pay excise duties upon receipt of revenue until 2018
According to the presidential decree No 311 of August 17th, 2016, alcohol producers may continue to pay excise duty to the state budget upon receipt of revenues until 2018. This measure was adopted in order to stabilize the financial situation in the alcohol production. Alcohol manufacturers are one of the major contributors to the budget. As a result, some enterprises in the industry may report profits and the price for alcohol may remain unchanged or even slightly reduce. Retail sales of alcohol may somewhat increase and the market share of counterfeit alcohol products may reduce. In order to protect the domestic alcohol market, the Belarusian authorities may introduce administrative restrictions on foreign-made low-price alcohol products.
According to Belstat, in August 7,600 people were dismissed, including 4,800 civil servants. Dismissals of civil servants were due to the optimisation in the public administration by up to 30%. Some civil servants would retain their job however would lose the status of a civil servant. Vacancies on the labour market are likely to reduce in number, thanks to the optimisation, the state administration would increase wages for public servants. The payroll fund for retained employees is likely to increase and some former state employees are likely to get jobs in affiliated organizations. The optimisation of the state apparatus should complete by January 1st, 2018, and some former civil servants are likely to join the ranks of the unemployed.