Belarus to keep sales up on Russian market with lower export prices
According to the National Statistics Committee, Belarus’ exports to the Russian market in January - October 2016 totalled 8.8 billion and increased by 0.7% as compared with the same period in 2015. Prices for most Belarusian export items on the Russian market fell as compared with 2015. The growth in export was mainly due to higher export volumes, including the biggest growth in exports of capital goods (machinery and equipment, means of land transport). The Russian Food Administration is likely to continue to control fruit and vegetable supply to Russia from Belarus in order to reveal re-exports. In addition, exports of non-food consumer goods from Belarus (clothing, footwear, household appliances) to the Russian market are likely to increase. Stagnation in the construction industry is likely to lower the demand for decoration and building materials from Belarus. Due to the increased share of the Russian rouble in the basket of currencies, Belarus will improve response to changes in prices in Russia, and if necessary, will step up the competitiveness of Belarusian goods by propping up the national currency.
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.