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30.06.2017

Belarus receives fourth tranche of EDB loan
Belarus receives fourth tranche of EDB loan The fourth tranche of the loan by the Eurasian Development Bank was transferred to Belarus. It's about $2 billion.  Taking into account this tranche, Belarus has already received $1.4 billion from the EDB.  The money goes to support economic policy measures and structural reforms in the country.

15.06.2017

World Bank praises implementation of projects in Belarus
World Bank praises implementation of projects in Belarus World Bank projects are implemented in Belarus at a high level and in a timely manner, said June 14 the head of the WB representative office at a meeting with MPs. A variety of initiatives have been supported. A new area is the resolution of economic management issues. The amount of financing provided by the World Bank is on the rise.

14.06.2017

Belarus to get 21m euros from EBRD to modernize water supply systems
Belarus to get 21m euros from EBRD to modernize water supply systems Belarus will receive EUR 21 million from the European Bank for Reconstruction and Development for the modernization of water supply systems. These facilities will reduce the burden on the environment in Lida, Orsha and Polotsk. The loan rate will be the lowest possible, taking into account the social orientation of the project. The new standards will improve the quality of water, and hence, the standard of living.

02.05.2017

Valery Polkhovsky about the simplification of loan services in Belarus
Valery Polkhovsky about the simplification of loan services in Belarus Income certificates are not necessary for getting a loan in Belarus from now on. The National Bank of the Republic of Belarus doesn’t necessitate them. The regulator suggests that commercial banks should themselves determine the list of the necessary documents in order to see how able to pay the person is who wants to get a loan.

26.04.2017

Belarus gets $300m tranche of Eurasian Stabilization and Development Fund
Belarus gets $300m tranche of Eurasian Stabilization and Development Fund The third tranche of the Eurasian Stabilization and Development Fund's loan has been transferred to Belarus. Its size is $300 million. According to the Ministry of Finance of Belarus, the country has fulfilled all the conditions for obtaining this money. The agreement on granting Belarus the loan was signed in March. The total amount of the loan is $2 billion. It will be transferred in seven tranches to support the economic policy and structural changes in Belarus. Photo: forbes.kz

20.04.2017

Belarus not turning away from Russia, President Lukashenko says
Belarus not turning away from Russia, President Lukashenko says Belarus and the Nizhny Novgorod region aim to increase turnover to 1 billion dollars. On April 20, Belarus President Alexander Lukashenko met with the governor of that Russian region Valery Shantsev. Cooperation of Belarus with Russian regions is the basis of relations between the countries as a whole. This was underlined during the recent talks between the leaders of Belarus and Russia in St. Petersburg. April 20 Alexander Lukashenko commented on the materials of some Russian media about the relations between Belarus and Russia.

19.04.2017

Belarus to take part in IMF, WB spring session in Washington
Belarus to take part in IMF, WB spring session in Washington Belarus will participate in the spring session of the International Monetary Fund and the World Bank in Washington, which starts on April 19. The Belarusian delegation includes the heads of the National Bank, the Ministry of Economy, the Ministry of Finance, and the Ministry of Foreign Affairs. It is expected that they will meet with representatives of the international financial organizations and hold negotiations on the conditions for granting financing to Belarus.

05.04.2017

Belarus and Russia union worth more than any economic disputes
Belarus and Russia union worth more than any economic disputes Belarus and Russia have resolved all outstanding issues in the bilateral relations. This became known after the talks between Alexander Lukashenko and Vladimir Putin. The Presidents discussed a wide range of topics: from agricultural policy to the international agenda. There is an agreement that Russia will refinance the debt of Belarus. Vladimir Putin, President of the Russian Federation:We agreed that we would resolve all our disputes in the oil and gas sector. Actually, it's better to say we have already resolved them.

17.03.2017

Belarus President meets with IMF mission head Peter Dohlman
Belarus President meets with IMF mission head Peter Dohlman Prospects of cooperation between Belarus and the International Monetary Fund were discussed in Minsk on March 16. Alexander Lukashenko met with the head of the IMF mission in the country by Peter Dohlman. At the moment, consultations continue with this financial organization. Experts point out that the budget for 2017 meets the requirements for the start of the new joint program.

03.02.2017

Belarus lost $15bn because of price disparities in Belarusian and Russian markets
Belarus lost $15bn because of price disparities in Belarusian and Russian markets Because of disparities in prices in Belarusian and Russian markets Belarus lost $15 billion, said President of Belarus Alexander Lukashenko at a meeting with public representatives of Belarusian and foreign mass media.

14.12.2016

Belarus Finance Ministry pins hopes on EFSD loan
Belarus Finance Ministry pins hopes on EFSD loan Belarus hopes for a positive decision on the allocation of the next tranche of a loan by the Eurasian Fund of Stabilization and Development. According to the Ministry of Finance of Belarus, the country has fulfilled 21 out of 22 conditions necessary to take out the loan. The program of cooperation was signed by Belarus and the Eurasian Development Bank in March 2016. The agreement provides for the allocation of $2 billion. The funds will be provided in seven parts.

04.11.2016

IMF technical mission on state-owned enterprises starts work in Belarus
IMF technical mission on state-owned enterprises starts work in Belarus A technical mission of the International Monetary Fund has started work in Belarus. Currently the sides are discussing the possibility of a three-year cooperation program that would be supported by a loan of $3 billion for 10 years. The IMF puts forward a number of requirements in order for the loan to be issued. The technical mission on state-owned enterprises has arrived in Belarus on the invitation of the Government and the National Bank.

11.10.2016

What IMF’ loan is and why Belarus needs it: expert opinion
What IMF loan could mean for Belarus? Belarus holds very important talks with the International Monetary Fund about a new loan program. There’s a possibility to get three billion dollars and the interest rate is beneficial. However, the IMF has very strict requirements, as usual. However, they are negotiating to find a compromise. The idea of ​​creating the International Monetary Fund came at a UN conference in 1944. The member countries have decided to create a common money-box from which anyone can borrow in order to avoid a serious crisis.

29.09.2016

Vladimir Amarin: Belarus' cooperation with China is acquiring credit and investment nature
Vladimir Amarin: Belarus' cooperation with China is acquiring credit and investment nature During the current state visit of the Belarus President to China the two nations plan to sign about 30 documents in all areas. On the eve of the arrival of Alexander Lukashenko a Belarusian delegation composed of members of government, heads of ministries and departments, directors of major industrial enterprises arrived in the capital of China. They already have held a number of fruitful meetings and talks with Chinese partners.

22.09.2016

$3bn loan in question: IMF mission in Belarus
$3bn loan in question: IMF mission in Belarus The mission of the International Monetary Fund discusses a new loan program in Belarus. The mission officially began its work in Belarus on September 21. The experts will be meeting with a number of government representatives until October. Peter Dohlman, Head of the IMF mission in Belarus:The aim of that mission is the discussion of the economic policy that could be supported in the framework of the credit mechanism.

21.09.2016

Loan program’s discussion: IMF mission starts work in Belarus
Loan program’s discussion: IMF mission starts work in Belarus The mission of the International Monetary Fund discusses a new loan program in Belarus. The mission officially began its work in Belarus on September 21. The experts will be meeting with a number of government representatives until October. The estimation of the economic processes in Belarus will be given. The IMF insists on implementing a number of reforms. If the decision will be favorable, the funds will be invested in these reforms.

17.08.2016

Loans in Belarus may cheapen after lowering of refinancing rate
Loans in Belarus may cheapen after refinancing rate lowers The Belarus National Bank has lowered the refinancing rate from 20% to 18%. This is the fourth decline in the refinancing rate from the beginning of 2016. It is expected that this will lead to cheaper loans. Usually, rate of loans that individuals and legal entities can get depends on the refinancing rate.

10.08.2016

European Bank for Reconstruction and Development allocates $20 million to Belarus
European Bank for Reconstruction and Development allocates $20 million to Belarus $20 million for small business loans: the European Bank for Reconstruction and Development (EBRD) has allocated Belarusian colleagues a syndicated loan.  Among the investors are several financial institutions from Germany and the Netherlands. Head of the EBRD office in Belarus called the deal a breakthrough agreement, as the parties have moved from words to actions.

02.06.2016

Belarusian bank gets loans worth 22 million euros from European banks
Belarusian bank gets loans worth 22 million euros from European banks European partners have provided the Belarusian bank with loans. Leading banks from Germany, Switzerland, Italy, Hungary and Albania have issued loans for Belarus which total amount is more than 20 million euros. This is the first syndicated loan Belarus has attracted in eight years. The 22 million euros will go to one of Belarusian banks. The feature of this type of loan is that it is provided by several financial companies and in different proportions.
Alexander Lukashenko, World Bank's Cyril Muller discuss new cooperation road map
Alexander Lukashenko, World Bank's Cyril Muller discuss new cooperation road map A road map of cooperation with the World Bank needs to be effective. Alexander Lukashenko on June 2 discussed the future projects with the World Bank Vice-President for Europe and Central Asia. To improve the quality of life is the overall goal of the Belarusian state and the World Bank, the world's largest financial structure.

06.05.2016

National Bank of Belarus
Downward interest rate trend in Belarus to remain Downward interest rate trend on credit in Belarus is to remain. The National Bank of the Republic of Belarus believes in the further reduction of the interest rates, with the latter having changed on 1 May, 2016 to 22% per annum now.

10.04.2016

Belarus Premier presents government's action program for 2016-2020
Belarus Premier presents government's action program for 2016-2020 Pragmatism of Belarus' relations with foreign countries should be based on the government's economic strategy. On Tuesday, Prime Minister Kobyakov presented in the Oval Hall the program of the government's activities for the coming years.

29.02.2016

Housing construction
Decree of the President on housing construction to come into effect on March, 1 The Decree of the President concerning some changes in the norms of the Belarusian housing construction will come into effect on March, 1. Previously, orphaned children could get preferential loans on a general basis, but now they are first in line. Also, there will be some changes in loans for the families that have lived in dormitories for more than ten years. All in all, there appeared five million m2 of housing in 2015, four will appear in 2016. In total, preferential loans for housing amounted to seven trillion rubles.

09.02.2016

Belarus to continue talks with IMF over $3 bn loan
Belarus to continue talks with IMF over $3 bn loan The Belarusian President met February 8 with the Minister of Foreign Affairs to talk over the strategy and tactics of Belarusian foreign policy. It is necessary to develop cooperation both in the west and in the east, especially with partners in the framework of integration associations.

08.02.2016

Alexander Lukashenko: Government should work tighter on $7 billion Chinese loan projects
Alexander Lukashenko demands efficient use of China's $7 billion loan The Belarus Government should work harder on developing projects in line with Chinese loan of $7 billion, said President Alexander Lukashenko hearing out a report of the Foreign Minister, Vladimir Makei. The Head of State stressed that it is very good money for Belarus, especially now. These funds can be used to finance many projects.
Alexander Lukashenko about recent meeting with Vladimir Putin
Belarus President says Russia ready to help economically despite difficult times Alexander Lukashenko spoke about the outcome of his recent meetings with Russian President Vladimir Putin and Prime Minister Dmitry Medvedev, during which the parties discussed in detail many issues and agreed to find ways out of the current economic situation together.

06.12.2015

Are IMF's loan requirements to Belarus sensible?
Are IMF's loan requirements to Belarus sensible? President Lukashenko constantly orders to look for new markets in new regions of the world. Not only for milk products. Belarus does have some potential here. This is confirmed by the conclusions of experts of all kinds and ratings. At times, these ratings due to some tasks. The Belarus President this week held a meeting in Minsk to discuss the possible IMF loan.

01.12.2015

Belarus not against IMF's reform proposals, questions timing
Belarus not against IMF's reform proposals, mulling over timing Balanced approach and respect for the national interests. This is the position voiced today, December 1, by the Belarus President at a meeting to discuss the expanded program with the IMF. Belarus is in talks with the Fund to attract $3 billion for 10 years. But the IMF has some requirements Belarus needs to comply with.  
Belarus wants IMF loan, calls on respect for national interests
Belarus wants IMF loan, calls on respect for national interests Belarus is interested in the loan of the International Monetary Fund in accordance with national interests, said on December 1 President Alexander Lukashenko at the meeting on the progress of negotiations on the program with the IMF Extended Fund Facility. Belarus would like to attracting a loan of $3 billion for 10 years. The IMF demands that Belarus carries out some reforms in its economy.

27.05.2015

Development Bank of Belarus gets 118 million euro loan from Russian, European counterparts The Development Bank of Belarus got a large loan from Russian and European counterparts. The price of the issue is 118 million euros. Financing the syndicated loan are over 10 financial institutions. This type of lending is fairly new for our country. This is the second such transaction but experts believe that Belarus' entrance to the international market for such loans will push for development and other forms of financial cooperation between the Belarusian, Russian and European banks.

11.05.2015

Belarus to get China's Eximbank loan worth over $1 billion
Belarus to get China's Eximbank loan worth over $1 billion Belarus has concluded a loan agreement with China's Eximbank worth more than $1 billion. This was announced on May 11 by the Prime Minister of Belarus at the meeting with the chairman of the bank. The Prime Minister stressed that Xi Jinping's current visit to Belarus is historic.
Xi Jinpings' visit to Belarus: new era in Belarusian-Chinese strategic partnership
Xi Jinping's visit to Belarus: new era in Belarusian-Chinese strategic partnership On May 10, one of the most influential people in the world (as it is often called in the American media) - Chinese President Xi Jinping - paid a state visit to Belarus. In Minsk, the Palace of Independence hosted official talks between Alexander Lukashenko and Xi Jinping.