Belarus has no intention to attract any new foreign loans in 2018 - Deputy Economy Minister


Belarus plans to hold its gold and forex reserves at the level of $6 billion in 2018, First Deputy Economy Minister Dzmitry Krutoi said in an interview to the Belarus One TV channel on Sunday.

“We are going to preserve the gold and forex reserves at the level of at least $6 billion and honor the foreign debts to the total amount exceeding $3 billion through the country’s economic performance,” Dzmitry Krutoi said.

According to the top official, next year Belarus does not intend to attract any new foreign loans. The first deputy economy minister streesed that ‘there are only two more tranches from the Eurasian Fund for Stabilization and Development’.

The exchange rate of the Belarusian ruble at the start and the end of 2018, with the fluctuations seen within some 5-6%, he added.

belsat.eu, following BelTA

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