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March 14 – March 20, 2016

Belarusian authorities start milking large business

The situation has not changed

One of the most influential businessmen in Belarus from the president’s closest circle, Yuriy Chizh was detained by law enforcement officials last week on corruption charges. Amid dwindling budget revenues, the state is likely to stat milking large businesses, especially those whose well-being is based on the proximity to the president. Yuri Chizh is likely to be released after repaying a certain percentage of revenues gained with the ‘help’ of the authorities. The president is likely to continue with his populist policies as the ‘peoples’ president’ and close monitoring of businessmen and officials.

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Once a week, in coordination with a group of prominent Belarusian analysts, we provide analytical commentaries on the most topical and relevant issues, including the behind-the-scenes processes occurring in Belarus. These commentaries are available in Belarusian, Russian, and English.
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