Belarus
is promising to reform its economy and sell off some state assets as it holds
talks with the International Monetary Fund on a possible $2bn loan as a
“security cushion” in case of further turbulence from the global financial
crisis, The Financial Times reports. An IMF
delegation arrived in Minsk
on Sunday and is holding talks with the Belarusian government.
Belarus,
which has a relatively underdeveloped financial sector, was not affected by the
initial shock of the crisis, but it has been hit by turmoil in Russia, its main trading partner, and
neighbouring Ukraine,
the paper says.
“In the
first phase Belarus
was only minimally affected. But in the second phase, with terms of trade
becoming worse, we anticipate certain problems will confront our exporters,” FT
quotes Vasil Matsyusheuski, deputy chairman of the central bank, as saying.
16:22 05.04.2024
0:46 22.04.2024
9:35 26.11.2023
