Economy

Only privatization can fix Belarus’s utility sector, economist says

UTC’s representative for economy and finance Alisa Ryzhychenka. Photo: rada.vision
UTC’s representative for economy and finance Alisa Ryzhychenka. Photo: rada.vision

In Belarus, utility bills sharply increased in October for so-called “parasites,” or citizens officially labeled as “not engaged in the economy.” How are these prices formed? Are they really economically justified? And why don’t the Belarusian authorities want an effective public-utilities reform? The hosts of Morning with Belsat discussed this with Alisa Ryzhychenka, the representative for economy and finance of the United Transitional Cabinet (UTC).