Authorities ready to give promises to business once again
The Belarusian Economy Ministry has initiated public discussions of a draft directive “”. Previously, at a meeting on tax policy issues, President Lukashenko warned against frequent changes in taxation rules. Amid the lack of resources to buy the loyalty of the population with income growth, increased focus on market issues and new economic liberalization and de-bureaucratisation programmes imply that the authorities are preparing for the election campaign. In addition, the government creates a favourable background for negotiations with international financial institutions, like the IMF, regarding a new loan.
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.