Belarus opens 85,543 family capital accounts as of Jul 1
<p> MINSK, Jul 9 - PrimePress. Belarus has opened 85,543 family capital deposit accounts as of July 1, 2020, the Ministry of Labour and Social Security of Belarus said in a statement. </p> <p> </p> <p> Under the 2015-2019 Family Capital Programme, 81,881 family capital deposit accounts were opened to the tune of $818.81m. </p> <p> </p> <p> The amount of family capital under this programme is set at $10,000 for large families where the third or subsequent child was born (or adopted) between January 1, 2015 and December 31, 2019 inclusive. </p> <p> </p> <p> Under the 2020-2024 Family Capital Programme 3,662 family capital deposit accounts were opened to the tune of Br82.395 million ($33.770m). </p> <p> </p> <p> Under this programme, family capital amounts to Br22,500 ($9,222, $1/Br2,4399) and is allocated to large families where the third or subsequent child was born (or adopted) from January 1, 2020 to December 31, 2024 inclusive. </p> <p> </p> <p> The Ministry also reported that as of July 1, 2020, 17,905 applications were filed for early (before the child turns 18) disposal of family capital funds. Of these, 16,828 (94%) were filed for improvement of housing conditions, 583 (3%) - for education, 494 (3%) - for medical services. A total of 16,151,000 decisions have been taken in favour of early disposal of family capital. </p> <p> </p> <p> As previously reported, Belarusian President Alexander Lukashenko extended the family capital programme till Dec 31, 2024. The document says that family capital is provided to a Belarusian family upon the birth (adoption) of a third and subsequent children provided that there are at least three children under 18, including a newborn or a newly adopted child, in this family. </p> <p> </p> <p> After the child turns 18, the money can be used to improve housing conditions, receive education, social services and healthcare services, or be deposited to a mother’s pension account. </p> <p> </p> <p> The money can also be used earlier to improve housing conditions of families with many children if they are on waiting lists; get education (family members can pay tuition fees at state colleges and universities); pay for healthcare services in healthcare institutions. </p> <p> </p> <p> Family capital allowances in the amount of amount of Br22,500 will be formed starting Jan 1, 2019 and will be annually adjusted to the consumer price index. End </p>
2020-07-10
Primepress
Belarus opens 85,543 family capital accounts as of Jul 1
MINSK, Jul 9 - PrimePress. Belarus has opened 85,543 family capital deposit accounts as of July 1, 2020, the Ministry of Labour and Social Security of Belarus said in a statement.
Under the 2015-2019 Family Capital Programme, 81,881 family capital deposit accounts were opened to the tune of $818.81m.
The amount of family capital under this programme is set at $10,000 for large families where the third or subsequent child was born (or adopted) between January 1, 2015 and December 31, 2019 inclusive.
Under the 2020-2024 Family Capital Programme 3,662 family capital deposit accounts were opened to the tune of Br82.395 million ($33.770m).
Under this programme, family capital amounts to Br22,500 ($9,222, $1/Br2,4399) and is allocated to large families where the third or subsequent child was born (or adopted) from January 1, 2020 to December 31, 2024 inclusive.
The Ministry also reported that as of July 1, 2020, 17,905 applications were filed for early (before the child turns 18) disposal of family capital funds. Of these, 16,828 (94%) were filed for improvement of housing conditions, 583 (3%) - for education, 494 (3%) - for medical services. A total of 16,151,000 decisions have been taken in favour of early disposal of family capital.
As previously reported, Belarusian President Alexander Lukashenko extended the family capital programme till Dec 31, 2024. The document says that family capital is provided to a Belarusian family upon the birth (adoption) of a third and subsequent children provided that there are at least three children under 18, including a newborn or a newly adopted child, in this family.
After the child turns 18, the money can be used to improve housing conditions, receive education, social services and healthcare services, or be deposited to a mother’s pension account.
The money can also be used earlier to improve housing conditions of families with many children if they are on waiting lists; get education (family members can pay tuition fees at state colleges and universities); pay for healthcare services in healthcare institutions.
Family capital allowances in the amount of amount of Br22,500 will be formed starting Jan 1, 2019 and will be annually adjusted to the consumer price index. End