Belarus to raise subsistence minimum budget on August 1

July 27, BPN. The Ministry of Labor and Social Security plans to raise the subsistence minimum budget (SMB) on August 1 and until October 31.

The SMB is used for calculations of social benefits, including allowances, benefits for families with children, social pensions, allowances paid in addition to pensions, and benefits for people who take care of people with disabilities or seniors over 80.

It will amount to 364.4 rubels (about $121 at the National Bank’s exchange rate on July 27) per capita on average, rising by 12.27 rubels.

The SMB for the able-bodied population will amount to 404 rubels; for pensioners, 271 rubels; for children under three years, 232 rubels; children between 3 and 6 years, 319.5 rubels; children between 6 and 18 years, 388 rubels.