Russia Is Concerned about the Rise in Prices Due to the Strange Actions of the Regime in Belarus charter97.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from charter97.org Daily Mail and Mail on Sunday newspapers.
Recent events will seriously affect the economic situation.
Several important events have happened in recent days: Lukashenka issued a decree on attracting foreign loans in the Russian market in the amount of 100 billion rubles ($1.4 billion), the main media of the country - tut.by - was closed, radical proposals were made to reduce the period of maternity leave and change the amount of child benefit payments.
Lev Lvovskiy, senior researcher at BEROC, how this will affect the current economic situation, the ruble exchange rate, and the financial expectations of the population.
100 billion is an unrealistic amount
- The decree on attracting $ 1.4 billion in the Russian market is a rather surprising statement. To put it mildly. After all, the Russian market, unlike the international one, where the Belarusian authorities used to borrow money, is not so deep. It has fewer people, investment funds, and companies.
Mass protests by the poor in the regions are increasingly likely.
The authorities strategic miscalculations in the economy lead to inevitable political consequences. For business, proximity to the state is becoming toxic. New protests by Lukashenka s impoverished former electorate in the regions are increasingly likely. There are still enough resources for security officials, but fermentation is taking place among them.
The political confrontation in Belarus is actively supported by the economic struggle. Belarusians withdraw their deposits from banks; many try not to buy goods from toxic manufacturers who support Lukashenka s power. Exile political leaders are calling for economic sanctions now and a new Marshall plan later. Lukashenka directly demands to reduce the costs of social projects.