WSJ: Syrian army is about to retake militant-controlled east AleppoWorld December 06, 8:48
OSCE chief says trip to Crimea possible after consultations with Moscow and KievWorld December 06, 8:25
Erdogan signs bill to ratify Turkish Stream projectBusiness & Economy December 06, 8:19
Russia, India to hold joint naval drills on December 14-21Military & Defense December 06, 7:36
YouTube, Facebook, Twitter, Microsoft team up to fight terrorism contentSociety & Culture December 06, 6:51
Russian hospital shelling 'cold-blooded murder' - Defense MinistryWorld December 06, 5:32
Some 100,000 Aleppo residents freed from rule of terrorists — Syria’s UN envoyWorld December 06, 5:04
Over 1,000 Syrian settlements join reconciliation process - Russian defense ministryWorld December 06, 3:27
Italian president asks Renzi to delay resignation until budget passedWorld December 06, 3:24
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.