Anatol Tozik calculates average wage in Belarus - $1200
Financial economist Vadzim Iosub agrees that there is no sense in comparing nominal wages in different countries.
Deputy Prime
Minister Anatol Tozik made a speech in the National Assembly on December 20,
and said that the current average salary in the country by purchasing power
parity exceeded $ 1,200. Speaking
about absolute numbers, the salary is about $ 400.
The
official explained the triple increase by the fact that the salaries are calculated according to
the method of international comparisons. Tozik
noted that it must not be forgotten that the prices for goods and services vary
in different countries when we compare the salaries.
Financial analyst
Vadzim Iosub supported the principle referred to by the Deputy Prime Minister
in a comment to Euroradio:
Iosub:
"It’s not a very clear figure - $ 1,200. Which method did they use? This
number can be discussed. However, the general idea makes sense. Simply compare
nominal wages, that is to say, the average salary in Belarus, for example, is $
500, while
in Europe - $2000 dollars, is not very well. Because really, there are
different prices. "
According
to the experts, many prices in Belarus are actually lower than worldwide. Therefore,
Iosub recommends to evaluate wages in accordance with specific consumer basket
and the specific country.
Photos - bymedia.net
