Belarusians won't Notice Housing Cost Rise, Makei

08.06.2011 14:37

Head of Presidential Administration of Belarus Vladimir Makei on June 7 held a hot line talk in the administration of the Frunzenski district of Minsk. Responding to residents' questions, he said that the president had instructed the government to explore and develop concrete proposals for share-holders not to notice any price rise in housing construction.

«There is a clear requirement of the president: to make sure for the people not feel the increase in housing cost,» he said, BelTA informs.

As Telegraf previously reported, Belarusian banks were mandated to monitor the transactions on the accounts of property developers of residential and commercial real estate. Corresponding letter was sent to banks by the National Bank of Belarus. These recommendations are given to banks based on the information of the State Control Committee.