Republican road fund deficit is likely to retain until 2020

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September 25, 2017 11:24

The state programme for the development and maintenance of highways for 2017-2020 estimates preliminary costs at USD 2.8 billion; it envisages expansion of the toll network. Despite the planned increase in the proceeds from individuals for admission of vehicles to traffic and the overall increase in revenues of the republican road fund by 27% by 2020 (to BYN 674 million), the state’s annual subsidies for the Republican Road Fund deficit would be at least USD 50 million.

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Former civil servants as new factor in unemployment growth
October 02, 2017 12:22

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.

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