MINSK, March 18 (Itar-Tass) – President Alexander Lukashenko says Belarus will go through a new global economic crisis.
“Belarus has enough in the till. If it necessary, we’ll use our reserves and we’ll survive,” Lukashenko told Russia Today on Monday.
The president commented on mass media reports quoting the Director of U.S. National Intelligence as saying Belarus would face a new economic crisis in 2013.
Lukashenko said the whole world, including Belarus, could face a new economic crisis if “it comes from the United States”.
“This is the fact that Europe went economically wrong. Half of our export is there. What will happen with our economy? Of course, it will go wrong. We sagged a little in Russia: although there is no economic crisis in Russia the markets went down. We feel this, but we stand,” the Belarusian president said.
He stressed that this was related to such countries as Georgia, Belarus and Ukraine “where there are no hydrocarbons and their price is rather high in the world”.
Commenting on cooperation between Belarus and the IMF, Lukashenko said, “In due time the IMF’s Rapid Credit Facility dictated very severe economic terms: we stood. We fulfilled all conditions: now we’re paying these debts.”