Date: 3 months ago   Category: Economy

Belarus has decided to live on credit


Belarus plans to refinance 50 percent of the payments for a currency debt, Reuters reports, referring to the words of the first Deputy Prime Minister Vasily Matyushevsky. Amount of debt is 3,7 billion dollars. "Our strategy consists in to increasing a debt. We consider ideal a design 50 for 50 percent (to pay a half, to refinance a half)" — Matyushevsky has informed journalists. He has also said that Belarus was going to direct to refinancing one billion dollars from the Russian credit about which it has asked even in the spring, however negotiations on it continue so far. Matyushevsky has urged the press not to dramatize events, including normal such protracted negotiations. In August, 2017 Russia has granted to Belarus the ten-year state loan of 700 million dollars in size. Money had to go for refinancing of obligations of Minsk to Moscow on earlier obtained loan. At the same time since 2018 the loan was obliged to repay two tranches — in April and October. It is more than important news in Film of Day Telegram-channel. Subscribe!

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