Posted:
11.11.2024 12:15:00
Seliverstov talked about wages growth planned for 2025
In his interview with Belarus 1 TV channel, Finance Minister Yuri Seliverstov commented on the expected wages growth, BelTA reports
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Talking about if we should expect our wages to grow in 2025, Mr. Seliverstov said, “Of course, you should. There are two factors there. The first one is the basic salary hike, already approved by the Government: starting January 1st, 2025, the basic salary for government workers increases to Br270. The second one is the industrial bonuses that help meet the parameters set in our socio-economic development programme.”
On average, doctors are expected to earn 150% of the national average, teachers – 100%. “Our healthcare sector has nearly reached the 150% mark. Naturally, as the national average grows, that ratio goes down. To hold it on that level, we added nearly Br180m to our planned expenditures,” the minister said.
“Our industry bonus programme prioritises teachers. We have earmarked over Br500m in order to make their wages at least equal to the national average. We also have extra bonuses added for those working in social services institutions, physical education and sports, culture,” Mr. Seliverstov added.
As the Finance Minister also pointed out, social security was the focus for the draft 2025 budget. “It wasn’t just wages, it was the entire social security system, like facilities upkeep, purchase of medicines, utilities, food for education and social service institutions, etc. The road network was also a priority: nearly Br3bn in expenditures, if you put all the finance sources together. A lot is being invested in local roads, among other things,” continued the Finance Minister.
Another focal point is industry and agriculture support. “Of course, we have to boost these sectors in order to get results. I’m talking about modern technologies and equipment. Resources spent on permanent assets' updates should be cheaper,” he emphasised.
On average, doctors are expected to earn 150% of the national average, teachers – 100%. “Our healthcare sector has nearly reached the 150% mark. Naturally, as the national average grows, that ratio goes down. To hold it on that level, we added nearly Br180m to our planned expenditures,” the minister said.
“Our industry bonus programme prioritises teachers. We have earmarked over Br500m in order to make their wages at least equal to the national average. We also have extra bonuses added for those working in social services institutions, physical education and sports, culture,” Mr. Seliverstov added.
As the Finance Minister also pointed out, social security was the focus for the draft 2025 budget. “It wasn’t just wages, it was the entire social security system, like facilities upkeep, purchase of medicines, utilities, food for education and social service institutions, etc. The road network was also a priority: nearly Br3bn in expenditures, if you put all the finance sources together. A lot is being invested in local roads, among other things,” continued the Finance Minister.
Another focal point is industry and agriculture support. “Of course, we have to boost these sectors in order to get results. I’m talking about modern technologies and equipment. Resources spent on permanent assets' updates should be cheaper,” he emphasised.
