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100 Roubles Privatization voucher
| Issuer | Republic of Belarus |
|---|---|
| Year | 1992 |
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| Currency | First Rouble (1992-2000) |
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| Reverse description | A vignette of contrasting old and new urban architecture forms the background. The body of the note is occupied by a numbered list of usage regulations for the privatization voucher, printed in Belarusian Cyrillic. The imprint of the State Papers Printing House of Belarus and the year 1992 appear at the foot. |
| Reverse lettering | 1. Імянныя прыватызацыйныя чэкі "Жыллё" з'яўляюцца дзяржаўным сведчаннем аб праве іх уладальніка на долю бязвыплатна перадаваемага жылля і гарантуецца дзяржавай. 2. Імянныя прыватызацыйныя чэкі "Жыллё" выдаюцца ўстановамі ашчаднага банка па месцы жыхарства грамадзян на падставе рашэнняў выканаўчых камітэтаў раённых, гарадскіх, раённых у гарадах Саветаў народных дэпутатаў. 3. Уладальнік імяннога прыватызацыйнага чэка "Жыллё" мае права выкарыстоўваць яго для прыватызацыі жылля; абмену на каштоўныя паперы; выплаты паявога ўзносу ў жыллёвым і жыллёва-будаўнічым кааператыве; фінансавання жыллёвага будаўніцтва пры індывідуальнай забудове; прыватызацыі зямлі; прыватызацыі асноўных фондаў у працэсе раздзяржаўлення і прыватызацыі дзяржаўнай маёмасці. ДЗЯРЖЗНАК БЕЛАРУСI 1992 (Translation: 1. "Housing" registered privatization vouchers are a state certificate of their owner's right to a share of housing transferred free of charge and are guaranteed by the state. 2. Personal privatization vouchers "Housing" are issued by savings bank institutions at the place of residence of citizens on the basis of the decisions of the executive committees of the district, city, district in cities of the Councils of People's Deputies. 3. The owner of the registered privatization voucher "Housing" has the right to use it for the privatization of housing; exchange for securities; payment of a contribution to a housing and housing construction cooperative; financing of housing construction during individual construction; land privatization; privatization of fixed assets in the process of denationalization and privatization of state property. STATE PAPERS PRINTING HOUSE OF BELARUS 1992) |
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| Comments |
Belarus issued these vouchers in 1992 as instruments for its mass privatization program — each citizen received one, nominally valued at 100 roubles, intended to be exchanged for shares in state enterprises being transferred to private ownership. The scheme largely failed. Most Belarusians, unfamiliar with equity investment and facing acute economic pressure, either sold their vouchers for cash well below face value or allowed them to expire unused.
Printed domestically by Dziarzhznak Belarusi rather than contracted abroad, as many post-Soviet states did with their early issues. The in-country production was a deliberate assertion of printing capability, though quality control on early Belarusian state paper issues from this period was inconsistent.