Since late 2016, Belarusian tax authorities have started sending out notifications to all unemployed Belarusians forcing them to reimburse the government for 'state expenditures.' In other words, the Belarusian state automatically assumes that all people not reported as working are...
On 5 August 2016, Andrei Labovich, First Deputy Minister of Labour and Social Protection of Belarus, said that the new Law on Employment would tackle the problem of the ‘professional’ unemployed. Simultaneously, in August 2016 the National Statistical Committee of...
After several years of slow growth, 2015 became the first year of true recession. GDP fell by 3.9 per cent in January-November; employment declined over the year. The Belarusian rouble depreciated by almost 60 per cent. Despite significant changes in...
A labour strike at a major state-owned plant in June suggests that the current economic crisis will present serious political challenges to Belarus. Despite it being an election year, wages and pensions are not growing – a rare occurrence. Yet,...
On 2 April, Alexander Lukashenka signed a decree against “social parasites”. From now on, individuals who do not pay taxes will lose be forced to submit around $240 annually into the the state’s coffers. This law is designed to help...
In an attempt to fixate and extend the effects of currency devaluation, the Belarusian government and the National Bank have chosen internal devaluation as its leading policy. Internal devaluation means lower incomes and a more prudent fiscal and monetary...
For 2015, any positive growth would be considered a great success for the Belarusian authorities. Apart from external shocks, several structural challenges have emerged. A spike in inflation, deeper depreciation of the national currency, the distress of the banking industry,...
On 20 October the government announced a plan to introduce punishment for sponging ('tuneyadstvo’). It was practiced in Soviet times and it may return to Belarus again. About 10% of population able to work do not pay taxes although...
On 12 July, Prime Minister Mikhail Myasnikovich proposed the introduction of a tax on non-working Belarusians.Although official statistics show that the unemployment rate stands at 0.5 per cent, the prime minister acknowledged that 445,000 Belarusians do not work - about...