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21 September 2021, 17:25

Household incomes in Belarus to increase by 2% in 2022

Aleksandr Chervyakov
Aleksandr Chervyakov

MINSK, 21 September (BelTA) – Household incomes in Belarus are expected to grow by 2%, Economy Minister Aleksandr Chervyakov told reporters prior to the session of the Council of Ministers on 21 September, BelTA has learned.

“One of the objectives for next year is household income growth. Household incomes are expected to increase by 2%. At the same time, the average nominal salary will be Br1,551 in the economy as a whole, and more than Br1,600 in the real sector of the economy,” Aleksandr Chervyakov said.

In order to achieve the planned 2.9% growth in the domestic economy, it is necessary to boost the export (up to $46 billion) and investment in fixed assets (by 3.3%).

The Council of Ministers convened to discuss Belarus' draft social and economic development forecast, the main monetary management guidelines, and the draft central state budget for 2022.

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