Credits

Photo: pixabay.com
Photo: pixabay.com
The foreign debt of Belarus amounted to $15.6 billion, according to Finance Ministry.
Photo: Reuters
Photo: Reuters
Investor demand reportedly exceeded $3.1 billion
Belarus' gross external debt amounted to $13.4 billion as of October 1, 2016, reports the Ministry of Finance.
European Union is set to provide technical assistance to Belarus, unofficial reports suggest.
Belarus seeks to receive a $3 billion loan from the major international lender.
Belarus is hoping to get a $3bn loan while IMF experts will assess the situation in Belarusian economy.
On May 6, Chairman of the Belarus National Bank held a press conference in Minsk.
The recommendation was pronounced after the IMF mission’s visit to Belarus in April.
This money must be returned. That is why Belarus needs to stake on commercial projects that can pay their way.