Tsentralny district authorities in Minsk set enterprises and companies with the task to raise monthly salaries to 1,500 Belarusian rubles ($750) in December. It follows from the instruction letter which news agency BelaPAN got familiarized with on Monday.
Belarusian economist Yaraslau Ramanchuk has made a comment on the situation in Belsat TV program Hot Commentary.
“This is part of a political campaign before the local election. The authorities want to convince our people that everything will be all right, and people will have more money for the holiday season. It has nothing to do with the actual economic situation. According to the statistical, they [authorities] started to pay more money, but wages grow faster than performance efficiency.
Thus, the authorities have been back to stimulating domestic demand again and forgotten about the need for reforms. In my opinion, it will have a negative impact on our economy: businesses that are forced to take loans [to give a raise to employees] or doctor statistical data, will be later held liable due to these absurdist decision.
Alyaksandr Lukashenka has always been trying to keep the vertical power structure on their toes – in such situation it is far easier to rule.”