Lukashenko cancels tariff hike – Domestic | BelarusVC
Belarus Virtual Consult

Bridging the World to Belarus

Your trusted gateway to opportunities.

Lukashenko cancels tariff hike

Changes to utility tariffs postponed

Belarusian President Alexander Lukashenko has canceled the planned increase in utility tariffs scheduled for January 1. The response stated that the decision was made to protect the population from unacceptable economic burdens. Plans to raise tariffs have now been postponed without specifying new timelines.

Context

At the beginning of 2024, a proposal was made to increase utility tariffs, but ultimately the decision was canceled.

Summary:

Lukashenko canceled the utility tariff hikes introduced on January 1 to avoid placing an additional burden on the population.