Belarusian leader focuses on crisis managers, protecting workers’ pay

Belarusian President Aleksandr Lukashenko has convened a meeting with the Council of Ministers to discuss the work of crisis managers and additional measures aimed at safeguarding workers against wage arrears, Belarus state-run media reports.

During the meeting, Lukashenko addressed the issue of organizational insolvency, recalling that a new law in this sector was adopted two years ago and has been reviewed several times at the presidential level.

“We changed our approaches to the procedures, shifting the emphasis from bankruptcy to rehabilitation and the preservation of enterprises, and consequently, jobs. Report on how the innovations of that law have impacted the reduction of loss-making in the economy,” the Belarusian leader said. “Are there any bottlenecks identified in practice that should be eliminated to further prevent bankruptcy?”

Lukashenko also focused on the role of crisis managers in the country. “I would like the speaker on this issue, the economy minister, to report to us on where this phenomenon came from in Belarus, what it means. And most importantly, why we need it. After all, this is a new phenomenon in independent Belarus,” he said. “What effect have we got from these very crisis managers?”

In addition, a draft decree aimed at guaranteeing compensation for completed work was submitted for consideration during the meeting.

By Vafa Guliyeva