Wages continue growing

April 22, 2016 17:59

A minimum wage in the country has been increased by 34%. Therefore an average monthly minimum wage in Belarus has been increased from Br 611 thousand to Br 730 thousand.


The country continues going down the spiral of “expenses – prices”. The Belarusian authorities have ignored the requirements set up by the IMF and Russia regarding the freezing of salaries, pensions and other budgetary sources of income. The Belarusian leadership continues to expect that creditors “will walk in its shoes” and is not yet ready to give full control over the situation to the law enforcement bodies in order to preserve stability.

However, prices rise and will continue rising outrunning indexing of incomes. 

Similar articles

Minsk hopes Warsaw would revise decision regarding ban on electricity supply from Belarusian NPP
April 17, 2017 13:03

Last week, Belarusian Foreign Minister Makei participated in the foreign ministers’ meeting of the Eastern Partnership and Visegrad Group initiative hosted by Warsaw. The Belarusian FM emphasized Belarus' interest in cooperation in the transport sector, which could be due to Belarus’ desire to export electricity surplus after Belarus finished construction of the nuclear power plant in Ostrovets. Minsk expressed concerns about Warsaw’s stance on the Belarusian NPP, as it refused to buy electricity from Belarus and supported Vilnius’ protest on this issue. Following accusations by the Belarusian leadership and the state media against western states, including Poland, of training "nationalist militants", Minsk did not agree on the visit of the European Parliament deputies from Lithuania and Germany to Belarus and to the NPP construction site near Ostrovets in particular. In addition, the Belarusian authorities have stepped up efforts to enforce education in Russian in Polish-language schools in Grodno and Vaukavysk. Should a rift in Belarusian-Polish relations persist, the Belarusian authorities are likely to step up the pressure on the Polish-speaking minority in Belarus.