Page 15 - BELRptSept18

more than BYN800 made up 10.4% , according to Minsk-based news agency BelaPAN. At the same time, individuals with a monthly income of less than BYN200 made up 4.2% of the population.
The unemployment levels in Belarus are on a par with the rest of Europe , according to the Chairwoman of the National Statistics Committee of Belarus Inna Medvedeva said on August 20. Unemployment was 5.8% in 2016, 5.6% in 2017 and in the second quarter of 2018 actual unemployment was 4.7%, or 239,100 people without work. This compares favourably to Russia (4.8%), Germany (4.4%), and Ukraine (9.5%).
The real disposable money income in Belarus increased by 7.4% year-on-year in January-April , according to news agency BELTA . The real disposable money income of individuals is calculated as monetary income minus taxes, duties, and fees adjusted bearing in mind the index of consumer prices for goods and services. Salaries accounted for 64% of the total money income, revenues from doing business and other gainful activities - 7.9%, transfers to the population (pensions, welfare benefits, scholarships, and other kinds) – 23.5%, property income and other kinds of revenue - 4.6%.
Real disposable cash earnings are expected to grow by 3.4% year-on-year in 2019 , the nation's Economy Minister Vladimir Zinovsky said on June 12 without providing the 2018 forecast, according to BELTA government news agency.
The government has set itself a target of bringing nominal average wages to over BYN1,000 per month ($498.78) irrespective of the effect that will have on inflation. However, thanks to mild inflation so far this year the population has seen real gains in the value of their income.
15 BELARUS Country Report September 2018 www.intellinews.com