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Belarus is able to meet fully its foreign debt obligations in 2013, Prime Minister said

September 14, 2012, 19:37 UTC+3
In 2012, the Belarusian budget denominated in the U.S. dollars is expected to go up by 20 percent
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Photo ITAR-TASS

Photo ITAR-TASS

MINSK, September 14 (Itar-Tass) — Belarus is able to meet in full its foreign debt obligations in 2013, Prime Minister Mikhail Myasnikovich told a news conference on Friday.

While replying an Itar-Tass question about the republic’s foreign debt and the debt servicing in the next year, the prime minister stated, “Don’t worry. Certainly, we must pay 3.1 billion U.S. dollars of debts in 2013, including 2.3 billion U.S. dollars of the principal debt and 0.8 billion U.S. dollars of the debt servicing. This is a rather big sum.”

In addition, Myasnikovich reaffirmed the debt of Belarus’ banking system.

He is confident that the republic can remain within the economic security limits.

“The state budget for the 2013 envisages the whole amount of the aforesaid payments,” the prime minister said, adding, “In other words we show that the republic has sufficient funds for this.”

“In 2012, the Belarusian budget denominated in the U.S. dollars is expected to go up by 20 percent,” he said. “It is planned that the republic’s dollar-denominated budget will increase by the same indicator in 2013, too, which is a very high threshold,” Myasnikovich said.

 

 

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