Belarus eager to borrow $2-3bn from IMF

A possible IMF loan ranging between $2 billion and $3 billion is an acceptable sum, BelTA learned from Chairman of the Board of the National Bank of the Republic of Belarus (NBRB) Pavel Kalaur on Tuesday.

“$3 billion is some maximum sum. At any rate it stands for some extraordinary financing. I believe it is advisable to build relations with the International Monetary Fund without resorting to extraordinary financing. Hence we may consider borrowing less than $3 billion but more than $2 billion,” state-run news agency BelTA quotes the NBRB head as saying.

Interestingly, in yesterday’s interview with non-state mass media president Alyaksandr Lukashenka stated that Belarus is going to pay all debts without new loans in five years. The Belarusian leader stressed that the funds for such payments are included in the budget. “We will find and pay this money,” he said., following BelTA

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