Eurasian integration: ‘more for less’

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April 22, 2016 18:47

Belarus considers the issue of oil product export duties as ‘decided’, following the decision of the Eurasian Economic Commission Board adopted in summer 2013.

Back then, the parties endorsed an agreement to remove such exemptions. However, abolishing export duty payments does not guarantee that Belarus will receive the desired budget revenues, because Russia has adopted compensatory measures to replenish her budget. Meanwhile, in economic and political terms, new Russian subsidies will be more costly for Belarus than before. Nevertheless, President Lukashenko may bargain additional resources from Russia to hold the 2015 presidential campaign.

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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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