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Vasil Shlyndzikau: Belarusians' Salaries To Be Reduced Significantly

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Vasil Shlyndzikau: Belarusians' Salaries To Be Reduced Significantly

The fall has already begun.

According to the National Statistical Committee, the average salary in the country decreased in August.

Although in Belarusian currency the drop in wages is not very significant, in terms of dollars at the current exchange rate, it turns out that the average salary has fallen very significantly.

Former head of the Amkodor concern Vasil Shlyndzikau noted in a comment to udf.by that political events in the country do not give grounds for a positive forecast.

"Against the background of developments in the country after the presidential elections, it is unlikely that anyone will give an accurate answer to the question about the average salary next year. Only one thing is certain: wages will certainly decrease. The decline will be not only by the end of this year, but also throughout the next year - moreover, a significant one," - Vasil Shlyndzikau said.

Shlyndzikau stated that the Belarusian economy had found itself in a "terrible state" due to stagnation, coronation crisis and events after the presidential elections.

"Belarus is up to its ears in debt. The money has to be given back, but there is nothing to give back. Nothing good awaits us," - Shlyndzikau thinks.

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