IBU Executive Board finds no grouns to suspend Russia's biathlon teamSport January 21, 22:53
Russia terrified watching monuments destroyed in Palmyra — culture ministerRussian Politics & Diplomacy January 21, 17:08
Russian bombers deliver successfully strikes on terrorists' facilities in SyriaWorld January 21, 15:39
Denmark uses Russian data in its application for expanding shelf — ministerBusiness & Economy January 21, 15:15
Agreement on bases in Syria to serve strengthening of stability in Middle East — MPRussian Politics & Diplomacy January 20, 21:18
Trump's inaugural address: When America is united, America is totally unstoppableWorld January 20, 20:57
Hermitage chief: New Palmyra destruction comes across as militants' vengeanceRussian Politics & Diplomacy January 20, 20:29
Russia's first deputy PM wants to keep current tax system for next political cycleBusiness & Economy January 20, 19:53
Russia’s Shipulin clinches gold in 20km individual race of IBU World Cup stage in ItalySport January 20, 19:18
MINSK, October 20 (Itar-Tass) — The International Monetary Fund (IMF) may not provide a loan to Belarus for political motives, head of the National Bank of Belarus Nadezhda Yermakova said.
“Will we receive the loan? Maybe no. Even if we meet all requirements, political motives will remain. It is the main factor in our contacts with the IMF Executive Board,” Yermakov told journalists on Thursday.
In her words, the IMF mission that ended its work in Minsk gave a rather positive assessment to the anti-crisis measures taken by the Belarusian authorities. “But practically everyone touches on this issue [the release of convicted persons on the December 19 case]. None conceals this,” Yermakova stressed.
She also said Belarus planned to build up its gold and currency reserves by the yearend to almost 8.5 billion dollars.
Before the yearend, the country expects a loan of one billion dollars from Russia’s Sberbank and 440 million dollars from the EurAsEC’s Anti-Crisis Fund. Besides, it hopes to receive 2.5 billion dollars from selling 50 percent of Beltransgaz’ shares.
“We expect that 2.5 billion dollars for Beltransgaz should come within 2011,” she said.
Belarussian present gold and currency reserves make 4.5 billion dollars, she added.
The country’s National Bank is not planning to spend its gold and currency reserves for supporting the national currency, Yermakova said. For this purpose, it will use additional domestic sources of currency. From September 14 through to October 19 /the term of additional sessions at the currency-stock exchange/, private clients sold to banks about 386 million dollars, she reported. Besides, export revenues grew, too.