Business news

MINSK, 17 November (BelTA) – The average salary will reach $500 in equivalent in Belarus next year, Belarus President Alexander Lukashenko said at the press conference for the Russian regional mass media on 17 November, BelTA has learned.

“Next year we will draw closer to this amount or reach the level of $500 in equivalent. I will do my best to make salaries closer to the $500 level,” the head of state said.

However, a commensurable growth in labor productivity is needed for raising salaries. “Labor productivity is a priority,” the head of state emphasized. “Labor productivity has a direct impact on salaries. Private and state-owned enterprises and companies should be encouraged to pay more attention to this issue.”

Speaking about the protection of human rights, Alexander Lukashenko underlined, “No one is allowed to do unjust things to people. This is the main priority for the entire power vertical.”