August 2020

Belarus to promote system of voluntary pension savings

We will promote a system of voluntary pension savings, Belarus President Aleksandr Lukashenko said as he delivered his annual address to the Belarusian people and the National Assembly on 4 August, BelTA has learned. “The average pension will be maintained at 40% of the national average wage. In order to increase pensions, we will be promoting a system of voluntary pension savings with the participation of citizens and businesses” the head of state said. He is confident that some...

October 2017

Fiscal Incidence in Belarus: A Commitment to Equity Analysis

By Kateryna Bornukova (BEROC), Gleb Shymanovich (IPM Research Center), Alexander Chubrik (CASE - Center for Social and Economic Research; IPM Research Center) The paper employs the Commitment to Equity framework to present a first attempt at a comprehensive fiscal incidence analysis for Belarus, encompassing the revenue and expenditures components of the fiscal system, including direct and indirect taxes, as well as direct, indirect, and in-kind transfers. The analysis reveals that fiscal policies in Belarus effectively redistribute income from the top...