Beef and poultry price hike as consequence of ASF virus

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April 22, 2016 18:51

As of May 21st, poultry producers were allowed to raise selling prices by 10% to overcome the disparity in prices on the domestic and foreign markets. Due to the ban on pork imports from several EU countries and the impossibility to organise meat supply from Canada and Brazil in the short term, the pork deficit will continue  and the demand for poultry and beef will increase. Meat exports might be restricted, meat prices will continue growing until  supplies from third countries have returned to normal or restrictions on meat imports from the EU have been lifted. Also, control over meat prices will be strengthened inside Belarus and the financial health of meat producers will somewhat improve.

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Former civil servants as new factor in unemployment growth
October 02, 2017 12:27

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.