Almost 127,000 large families open family capital deposits in Belarus

As of 1 June 2023 a total of 126,922 large families have opened the deposit accounts in Belarus under the family capital program, including about 82,600 deposit accounts at the total amount of $826 million and 44,300 deposit accounts at the total amount of Br1.08 billion, BelTA learned from the Belarusian Labor and Social Security Ministry.

A total of 71,411 families applied for permission to use family capital ahead of schedule. Of them, the majority applied to use the money to improve housing conditions, 7,231 to receive healthcare services, 4,708 to pay for education and five to buy health products for disabled people.

The Labor and Social Security Ministry noted that the family capital program applies to families raising three and more children. From 1 January 2022 till 31 December 2023 the family capital equals Br29,950.

BelTA – News from Belarus