Staff cuts unlikely to help to save costs of enterprises

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July 04, 2017 12:08

According to Belstat, in May 2017 Belarusian enterprises laid off 14,400 people on a net basis and payroll increased by 2% as compared with April 2017. The record number of layoffs for 2017 was due to a seasonal factor. Layoffs are likely to persist and wages to increase for the remaining employees. In some economic sectors wages would grow due to the administrative pressure, for instance, in the public sector. A slight decline in oil prices could slow down the pace of economic growth and the wage growth. Wage growth outpaces layoffs, hence, should this trend persist in 2017, enterprises costs on wages would go up, reducing their modernisation capacity.

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Minsk attempts to make up for image losses from military exercises by opening to Western values
October 02, 2017 11:49
Image: Catholic.by

The Belarusian authorities regard the Catholic conference as yet another international event to promote Minsk as a global negotiating platform. Minsk’s proposal to organise a meeting between the Roman-Catholic Church and the Russian Orthodox Church is rather an image-making undertaking than a serious intention. However, the authorities could somewhat extend the opportunities for the Roman-Catholic Church in Belarus due to developing contacts with the Catholic world.

Minsk is attempting to lay out a mosaic from various international religious, political and sportive events to shape a positive image of Belarus for promoting the Helsinki 2.0 idea.

Belarus’ invitation to the head of the Holy See for a meeting with the Patriarch of the Russian Orthodox Church should be regarded as a continuation of her foreign policy efforts in shaping Minsk’s peacekeeping image and enhancing Belarus’ international weight. The Belarusian authorities are aware that their initiative is unlikely to find supporters among the leadership of the Russian Orthodox Church in Moscow. In Russia, isolationist sentiments prevail.

In addition, for domestic audiences, the authorities make up for the lack of tangible economic growth with demonstrations of growth in Minsk’s authority at international level through providing a platform for religious, sportive and other dialogues.

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