Government continues to stimulate price-growth

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April 22, 2016 18:47

The Government has changed its approach to pricing socially important goods and services, entailing a hike in consumer prices in February 2014.

The government will continue to reduce the list of socially important goods, prices of which are controlled by the state. Housing and communal services tariffs will continue to grow, outpacing other services. Inflation rate will continue to grow, due to the government’s excise policy on alcohol and fuel. The state budget will encounter additional costs due to the need to index social benefits by inflation rate.

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Minsk strengthens ties with Russian regional elites
October 02, 2017 12:22

President Lukashenka has met with the head of Chechnya Ramzan Kadyrov, who visited Minsk and the Minsk Automobile Plant. Minsk has always sought to have independent links with Russian regional elites, partially, to compensate for the Kremlin's diminishing interest in Belarus. In recent years, Belarus’ contacts with the Russian regions have been extremely intense. However, with some leaders of Russian regions, primarily heads of large republics, communication was more difficult to build. As many analysts in Minsk suggested, Minsk could regard contacts between President Lukashenka and the head of Chechnya as an additional communication channel for relieving tension in relations with the Kremlin. However, most likely, a trusting relationship with Kadyrov is a value for Minsk as such, provided Kadyrov’s broad business and political interests, and a high degree of autonomy for the Chechen leader from the Kremlin.

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