Gennady Fedynich: The Situation In The Economy Will Worsen By The Fall

15.04.2026, 15:57
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The authorities are hiding the real state of affairs.

Lukashenko required officials to "mobilize", but admitted that he himself does not know what to prepare the vertical for.

Do the ruler's words mean that things in the Belarusian economy are much worse than the regime tries to show?

The site Charter97.org talked to former political prisoner and trade union leader Gennady Fedynich about it:

- Undoubtedly, Lukashenko's regime does not want and will not show the real state of the economy in Belarus. For the reason that the situation has deteriorated even in four months of this year, and will continue to deteriorate.

If in 2024 Russia was quite actively buying its products in Belarus, in 2025 a lot of Russian governors came to Belarus for meetings (including then it was talked about some economic plans and their implementation), now they are not visible at all.

Now Belarus has to offer goods that are made in the country for someone to buy them. There is no money, and the far arc of exports was outlined long ago, but it is simply closed and does not work.

- BelAZ workers say that "people are scattering," and wages are not keeping up with rising prices. What's going on with BelAZ and other Belarusian industrial giants today?

- If we talk about BelAZ, it's an interesting enterprise. The fact is that the sale of their machines in Belarus is practically non-existent, everything is aimed at export. Today, exports are much reduced, so the company probably has no money to increase their wages at least in line with inflation and prices. The enterprise is working on stock. There are still stocks of metal, components, in all likelihood. But this applies not only to BelAZ, it concerns the entire industrial sector, which produces not for the domestic market, but primarily for export. And MAZ, and Minsk Tractor Plant, and other enterprises.

Because today it is still possible to produce products: it is a problem, but it is solvable. But to sell it today is a problem, which has already become a priority for Belarus. No one has offered and realized concrete ways out of it so far.

So far there are slogans, proposals, but no concrete actions. Therefore, in my opinion, the economic situation in Belarus will worsen, prices and inflation will grow, and the living standards of people, however unfortunate it may be, will fall.

- What does all this mean for ordinary Belarusians? Should we expect further deterioration of the situation in the economy and lower living standards?

- Look what is happening now: there was nothing like this before - there is big export of products from Russia to Belarus. Belarus itself finds it difficult to eat what it produces.

Why is this export going on if Belarusians don't need it? Well, because, in all likelihood, as the Kremlin said: you need it, you must take it. And you have to realize it among the population.

In fact, today price tags, no matter how it is or what they say, are growing in Belarus. And the level of wages is not growing even in accordance with inflation. Not to mention the pensioners, whose pensions today can't keep up with the flow of inflation. Therefore, to say to the Belarusians: prepare for the worst is to say nothing. The situation is extremely difficult, and it will be even more aggravated this year by the fall.

When the economy works effectively, any government will feel confident enough, because people's living standards are not declining. Under the current conditions, the authorities are in a very difficult situation. It's not that they don't want to change the situation for the better, but that they are simply unable to do it. And the citizens of Belarus are not to blame for this; they have become hostages of this system.

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Gennady Fedynich: The Situation In The Economy Will Worsen By The Fall

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