Belarus Visa-Free: Now For 30 Days
Official Website of the Republic of Belarus
Year of Native Land in Belarus
Business
Belarus Events Calendar
Belarus’ Top Tourist Sites
UNESCO World Heritage Sites in Belarus
Belarusian sanatoria and health resorts
Souvenirs from Belarus
| Home | Business | Business news

Business news

28 Sep 2015

Lukashenko hopes for balanced approach in new IMF program for Belarus

NEW YORK, 28 September (BelTA) - Belarus’ cooperation prospects with the International Monetary Fund (IMF), including a possible new cooperation program, were discussed at a meeting between Belarus President Alexander Lukashenko and IMF Managing Director Christine Lagarde on 26 September, BelTA informs.

The head of state expressed hope that the new program will use a balanced approach to take into account the interests of the country and its policy, ensuring a high level of social security of its people.

The President thanked the IMF for a successful implementation of the Stand-by arrangement for 2009-2010 which softened the negative consequences of the external economic crisis.

The $2.46 billion Stand-By arrangement was approved in January 2009 for the period of 15 months. Later the program was extended to $3.52 billion. In April 2010 the program was successfully accomplished. In 2010-2014 Belarus was visited by the IMF post-program monitoring missions. The loan was paid off in full in March 2015. Measures and events implemented under the program helped the country secure a positive dynamics on a number of economic and monetary positions.

Archive
Su Mo Tu We Th Fr Sa
Great Patriotic War monuments in Belarus
Partisan Chronicles