President Lukashenko keeps away from privatization process (yet)

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April 22, 2016 18:48

Belarus’ Prime Minister Mikhail Myasnikovich and Russian Prime Minister Dmitry Medvedev have had a telephone conversation about the oil supply in H2 2014 and bilateral integration. Russian oil supplies to Belarusian refineries directly depend on the Belarusian assets’ privatisation progress in favour of Russian companies. Medvedev has positively assessed the level of preparations by Belarus for the integration projects, however, the final decision with regard to the state assets’ privatisation remains with President Lukashenko. Lukashenko is not interested in losing control over large parts of the Belarusian economy, which may result in exacerbated Russo-Belarusian relations.

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Former civil servants as new factor in unemployment growth
October 02, 2017 12:27

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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