Belarus hopeful for IMF loan

Belarus still hopes to get a loan from the IMF. The official Minsk plans to start negotiations on a loan with the International Monetary Fund in two years.

Finance Minister of Belarus Maksim Yermalovich has expressed the hope that in 2020 the implementation of the five-year development program of the country will lead to structural changes in the economy, and this will allow to count on success during the negotiations, Reuters reports.

“There is an opportunity (a new program with the IMF). We need to return to this issue in 2020,” Maksim Yermalovich told the agency.

The last negotiations with the IMF were interrupted last summer. Belarus then wanted to get a loan of $ 3 billion. Last loan, which Minsk received from the IMF, was in 2009-2010 in the amount of 3.5 billion US dollars.

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