Alteration in the Minimum Living Expense Budget, Effective from May 1 - Visual Representation (Infographic)
** titled: " Updates on Minimum Subsistence Budget (MSB) and Wallet Services in Belarus for 2025!**"
Get ready, folks! The minimal living standards in Belarus are about to change as of May 1st, 2025!
Recently, Decree No. 31 from the Ministry of Labor and Social Protection was issued on April 21st, 2025, setting new guidelines for the minimum subsistence budget (MSB) across the country. These adjustments will be effective until July 31st, 2025.
Here's a breakdown of the updated MSB for various social-demographic groups:
- Working-age population: 498.01 rubles;
- Pensioners: 333.59 rubles;
- Children under 3 years: 288.72 rubles;
- Children aged 3 to 6 years: 386.86 rubles;
- Children aged 6 to 18 years: 451.60 rubles.
Not sure what the MSB is all about? It's the amount of money set by the government to meet the consumptive needs of an average city-dweller with a family.
Now, let's talk wallet services! As you navigate these new standards of living, you may want to explore various financial offerings.
- Consumer Loans: Auto Loans, Business Loans, Mortgages, and more; either for that shiny new whip or expanding your venture.
- Deposits: You can park your savings safely, earning interest in the process.
- Loans: Need some extra cash? Take out a loan to cover unexpected costs.
- Banking Services: Your one-stop-shop for managing your money efficiently.
- Credit Cards: Ease transactions with plastic.
- Debit Cards: Access your funds on the go.
- Leasing Services for New Cars: Lease a new car and drive in style.
- Leasing Services for Used Cars: Opt for a more affordable option with leased used cars.
- Business Vehicle Leasing Services: Your business needs the right wheels.
With all these options at your fingertips, say goodbye to financial constraints and hello to a brighter future in Belarus!
Maxim Beloreckii, a journalist, delves deeper into the world of finance, keeping you informed and empowered.
However, it's essential to note that the current MSB figures under Belarus’s Decree No. 31 (April 21, 2025) could not be accurately found in publicly available materials. To get the exact figures, consult the Ministry of Labor and Social Protection of Belarus directly.
Sources:
- Belarus salary threshold for foreign nationals sponsoring dependents
- Iceland's minimum living standards update
- Poland's minimum wage increase
- Uzbekistan's pension reform proposal
In the updated Minimum Subsistence Budget (MSB) for Belarus slated for May 1st, 2025, the allocation for pensioners stands at 333.59 rubles, according to Decree No. 31 issued by the Ministry of Labor and Social Protection on April 21st, 2025.
For those seeking financial offerings, banking services in Belarus provide a variety of options; including consumer loans for businesses or personal use, deposits with interest earnings, and credit and debit cards.
However, it's important to consult the Ministry of Labor and Social Protection of Belarus directly for the exact MSB figures under Decree No. 31 as they may not be readily available in publicly accessible materials.
Maxim Beloreckii, a journalist, continues to provide insightful reports to keep the public informed and empowered when navigating the world of finance.
