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Opinions & Interviews

16 Jun 2016

Lukashenko stresses political importance of well-organized redenomination

Lukashenko stresses political importance of well-organized redenomination

MINSK, 16 June (BelTA) – Ensuring calm and well-organized redenomination in Belarus is important, including from the political point of view, Belarus President Alexander Lukashenko said as he met with Belarusian Prime Minister Andrei Kobyakov and Chairman of the Board of the National Bank of the Republic of Belarus Pavel Kallaur, BelTA has learned.

“I was reported that the National Bank and the government have done a lot to ensure a calm transition to the new money. People are waiting for it. This is important for everyone,” the President said. “Therefore, it is a big event, even from the political point of view. And it should be well organized.”

The head of state also noted that the redenomination which is, probably, considered an unpopular event to a certain extent will take place in the run-up to the parliamentary elections. “It means that we are not afraid of anybody. We are statesmen, not just politicians. And statesmen always think about the prospects and development of the state,” Alexander Lukashenko said.

He noted that the government has been gearing up for the redenomination in Belarus for several years. Suggestions were made to conduct it on 1 January 2017. “I have moved the deadline forward. It makes no sense to postpone it, and we agreed that the currency will be redenominated on 1 July 2016,” the head of state said.

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