Negotiations with IMF to resume next week
Negotiations between the Belarusian government and the International Monetary Fund (IMF) on a possible $2-billion stand by loan will resume next week. An IMF European Department deputy director arrives in Minsk on November 8. The Belarusian government requested the loan as a safety cushion in the face of a global financial crisis.
The IMF said that the crisis had a negative impact on Belarus' economy and its access to external financing. Prices of mineral fertilizers and petroleum products, Belarus' major export items, plunged on international markets.
Interfax
The IMF said that the crisis had a negative impact on Belarus' economy and its access to external financing. Prices of mineral fertilizers and petroleum products, Belarus' major export items, plunged on international markets.
Interfax
