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Over 119,000 deposit accounts opened under Belarus' family capital program

As of 1 November 2022, a total of 119,872 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 37,300 deposit accounts at the total amount of Br886 million, BelTA learned from the Belarusian Labor and Social Security Ministry.

A total of 63,926 families applied for permission to use family capital ahead of schedule. Of them, 53,902 applied to use the money to improve housing conditions, 5,582 to receive healthcare services, 4,438 to pay for education and four to buy health products for disabled people.

The ministry granted permission to use family capital earlier to 61,437 applicants. Most of such applicants are from Brest Oblast (13,124). Then goes Minsk Oblast with 10,474 families, Gomel Oblast with 9,793, the city of Minsk with 8,570 and Grodno Oblast with 7,210. Mogilev Oblast and Vitebsk Oblast round out the list with 6,254 and 6,012 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