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Main // News

Over 118,000 deposit accounts opened under Belarus' family capital program

13/10/2022 15:10

MINSK, 13 October (BelTA) – As of 1 October 2022, a total of 118,793 deposit accounts were opened for large families under Belarus' family capital program, including 82,500 deposit accounts at the total amount of $825 million and 36,200 deposit accounts at the total amount of Br858 million, BelTA learned from the Belarusian Labor and Social Security Ministry.

A total of 62,384 families applied for permission to use family capital ahead of schedule. Of them, 52,791 applied to use the money to improve housing conditions, 5,347 to receive healthcare services, 4,243 to pay for education, and three to buy health products for disabled people.

The ministry granted permission to use family capital earlier to 59,762 applicants. Most of such applicants are from Brest Oblast (12,747). Then goes Minsk Oblast with 10,192 families, Gomel Oblast with 9,596, the city of Minsk with 8,404 and Grodno Oblast with 6,897. Mogilev Oblast and Vitebsk Oblast round out the list with 6,068 and 5,858 applicants respectively.

The Labor and Social Security Ministry noted that the family capital program applies to families raising three and more children. From 1 January 2022 the family capital equals Br25,995.

BelTA – News from Belarus