Experts probing into situation around cyberattack on Russian foreign ministry’s websiteRussian Politics & Diplomacy October 23, 17:05
Two bandits killed in special operation in Nizhny Novgorod - sourceWorld October 23, 15:15
S Arabian minister invites Russian counterpart to GCC oil ministers meetingBusiness & Economy October 23, 13:42
A family of eight killed in airstrike near Mosul - TVWorld October 23, 13:08
Kiev military launch more than 200 shells, destroy house in DonbassWorld October 23, 11:10
Rescuers evacuate 15 people from house hit by gas explosionSociety & Culture October 23, 11:07
Russian health minister says producing vaccines in Nicaragua is "very profitable"Society & Culture October 23, 7:36
Russia, EU should set up strategic planning committee — former foreign ministerRussian Politics & Diplomacy October 23, 6:07
DPR to raise issue of Ukrainian forces’ shellings in DPR’s south — envoyWorld October 23, 5:06
MINSK, February 7 (Itar-Tass) — Belarussian President Alexander Lukashenko stressed the need for the country’s National Bank to start reducing its refinancing rate that makes up 45 percent.
“The country has very expensive credit resources,” he said at the meeting with the National Bank’s head, Nadezhda Yermakova, on Monday.
“Of course, the economy cannot stand such situation with loans for a long time, therefore the refinancing rate of the National Bank should gradually decrease,” Lukashenko said.
The head of state also focused attention on rational use of the monetary funds, and foreign exchange and gold reserves.
“As far as I know we had the time of no spending. On the contrary, our foreign exchange and gold reserves increased. We have opportunities to keep them growing. Another question emerges whether we need to keep extra money in reserves. The money should work in the economy. Nevertheless, we should have as much funds as necessary to prevent cataclysms in the future,” Lukashenko said.