Minister: Belarus' austerity budget 2022 will not affect salary growth

Despite the austerity nature of the national budget 2022, state employees and pensioners will not feel any additional burden, Belarus' Finance Minister Yuri Seliverstov said in an interview with ONT TV channel, BelTA has learned. This year's budget expectations are modest, but positive. “Initially, when we formed it for this year, we proceeded from conservative estimates,” said Yuri Seliverstov.

At that time, it was unclear how the country would emerge from the pandemic, how much money it would be able to earn. “We had a significant deficit of Br4 billion, which increased to Br6 billion, or more than 3% of GDP, after adjustments at the beginning of the year.