IMF to continue talks with Belarus over loan on December 15
A mission of the International Monetary Fund (IMF) is scheduled on December 15 to start the second round of negotiations with the Belarusian government over the $2-billion stand-by loan for this country. Ahead of the talks on December 8-15, a IMF mission for technical facilitation in fiscal issues will be working in Belarus at the invitation of the National Bank.
Belarus approached IMF in mid October, seeking a stabilization loan of $2 billion on the grounds of creating a security "pillow" in the conditions of the world financial crisis, reminds the Interfax news agency.
The first round of negotiations took place from October 27 through November 22. After the talks, it was decided to continue a dialogue in December.
Belarus President Alexander Lukashenko said in November that IMF's refusal to lend would put at doubt this country's further cooperation with the financial organization. He described the potential refusal as a political discrimination.
Belarus approached IMF in mid October, seeking a stabilization loan of $2 billion on the grounds of creating a security "pillow" in the conditions of the world financial crisis, reminds the Interfax news agency.
The first round of negotiations took place from October 27 through November 22. After the talks, it was decided to continue a dialogue in December.
Belarus President Alexander Lukashenko said in November that IMF's refusal to lend would put at doubt this country's further cooperation with the financial organization. He described the potential refusal as a political discrimination.
