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April 21 – April 27, 2014

Belarus’ housing policy lacks resources to put it in action

The situation has not changed
Belarus’ housing policy lacks resources to put it in action

In Belarus, housing loans fell by 36.1% in January-February 2014. Limited budgetary resources and negative economic results have prompted the government to curtail preferential lending in housing sector. Giving state support to housing construction has long been one of President Lukashenko’s priorities, as a way of ensuring popular support for the Belarusian socio-economic model. However, in the coming years, the government will continue to reduce state support for housing construction due to a lack of resources. More pertinently, it will continue to cut social benefits to the population.

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Once a week, in coordination with a group of prominent Belarusian analysts, we provide analytical commentaries on the most topical and relevant issues, including the behind-the-scenes processes occurring in Belarus. These commentaries are available in Belarusian, Russian, and English.
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