Cutback on soft loans may lead to delayed construction projects in Belarus

July 26, 2016 0:29

According to the National Bank, in January - April 2016, people’s debt in construction loans increased by BYR 421 billion, which is 5.5 times less than the increase of the debt for the same period in 2015. The bulk of the debt increase is due to the ‘soft loans’ for the needy, circa BYR 4.8 trillion by the year-end. The state has restricted funding of housing construction due to the need to fund other priority areas. As a result, construction volumes will decline, employment in construction will reduce, bad debts for work performed and goods delivered by construction companies will grow, some construction companies my file for a bankruptcy. Amid reduced family incomes and without the ‘soft’ loans, delayed construction sites are likely to grow in number.

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Death penalty discussion in Belarus: yet not ready for either abolition or moratorium
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The Belarusian authorities have launched a discussion on the moratorium or abolition of the death penalty under the pressure of Belarusian human rights activists and international community. Apparently, the authorities are interested in monitoring public sentiments and response to the possible abolition of the capital punishment. The introduction of a moratorium on the death penalty would depend on the dynamics in Belarusian-European relations, efforts of the civil society organisations and Western capitals.

In Grodno last week, the possibility of abolishing the death penalty in Belarus or introducing a moratorium was discussed.

The Belarusian authorities are likely to continue to support the death penalty in Belarus. During his rule, President Lukashenka pardoned only one person, and courts sentenced to death more than 400 people since the early 1990s. Over the past year, Belarusian courts sentenced to death several persons and one person was executed.

There are no recent independent polls about people’s attitude about the death penalty in Belarus. Apparently, this issue is not a priority for the population. In many ways, public opinion about the abolition of the death penalty would depend on the tone of the state-owned media reports.

That said, the Belarusian Orthodox Church and the Roman-Catholic Church stand for the abolition of the capital punishment, however their efforts in this regard only limit to public statements about their stance. Simultaneously, the authorities could have influenced public opinion about the death penalty through a focused media campaign in the state media. As they did, for example, with the nuclear power plant construction in Astravets. Initially unpopular project of the NPP construction was broadly promoted in the state media, and eventually, according to independent pollsters, was accepted by most population.