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Lukashenko: Belarus’ economy is stable, with forex reserves at all-time high

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MINSK, 18 December (BelTA) – Belarus’ economy is stable, with debt decreasing and gold and forex reserves at an all-time high, Belarusian President Aleksandr Lukashenko stated in his Address to the Belarusian People and Parliament on 18 December, BelTA has learned.

“To get ahead of the critics talking about macroeconomic imbalances, let me state clearly: our economy is stable and sound. With the debt load declining and gold and foreign currency reserves at an all-time high, confidence in the national currency has justifiably risen,” the head of state said.

Aleksandr Lukashenko noted that, taking into account the starting point at the end of the five-year plan, the outcomes for everyday life are broadly acceptable, with stable employment, decent incomes, and security, above all.

“Over these years, real wages have grown by 40%, reaching an average of Br2,700. Throughout the entire five-year period, pensions were raised twice a year,” the Belarusian leader said. 

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