NationStates Jolt Archive


Belarus facing economic colapse over welfare spending

17-12-2003, 14:58
Economists are warning that Belarus is facing economic colapse because of overspending by the government...
Many are blaming recently military activities such as the deployment of peacekeeps in Mostovia and Federal Georgia for the overspending, however the Finance Minister says the countries Refugee and Asylum budget is the largest culprate.

Belarus currently spends €4 billion on looking after, education and housing the tens of thoudands of refugees who reach its borders each week, mainly from RF or via Ukraine.