Ukraine’s new anti-Russian sanctions to take effect on October 31World October 21, 21:22
Kremlin says Egypt’s rumored sale of Mistrals for $1 is ‘utter nonsense’Russian Politics & Diplomacy October 21, 21:13
Source: Mi-8 helicopter with 22 people onboard makes crash landing in YamalSociety & Culture October 21, 20:15
Source says 'Gray money' tax may cover up to 5 mln RussiansBusiness & Economy October 21, 20:07
UN Human Rights Council passes resolution on AleppoWorld October 21, 19:52
Russian Justice Ministry refuses to transfer jailed filmmaker to UkraineRussian Politics & Diplomacy October 21, 19:44
Brussels says Belgium’s position on Hassadjek village bombing remains unchangedWorld October 21, 19:30
Rosneft CEO reveals real meaning of oil price war, outlines Russia’s role in itBusiness & Economy October 21, 19:11
New sanctions against Russia will be an alibi, not constraining factor — Italy’s PMWorld October 21, 19:05
MINSK, April 1/TASS /. Belarusian government is counting on the World Bank’s support in its negotiations with the International Monetary Fund (IMF), the country’s Prime Minister Andrey Kobyakov said Wednesday.
He made this statement at the meeting with Qimiao Fan, World Bank Country Director for Belarus, Moldova, and Ukraine.
"We are counting on the World Bank’s active position and support in discussing the "road map" with the IMF during the spring session (of the IMF and WB) in Washington on April 17-18," the head of the Belarusian government said.
According to Kobyakov, the government wants to deepen its partnership with the World Bank.
He noted that the projects WB is implementing now in Belarus are "extremely important and beneficial" for the country.
Kobyakov said that on Thursday the board of directors of WB is expected to approve a $40 mln project to develop Belarus’ forest sector.
With this project the total number of joint projects will reach seven and WB’s investment portfolio in Belarus will reach $938 mln, he said.
Between January 2009 and April 2010, Belarus received $ 3.5 bln under the IMF stand-by program. During the crisis of 2011, the authorities once again turned to the fund for the support up to $8 bln, but the IMF did not consider the application for a loan.
On Monday, Belarus fully met its obligations on the stand-by loan it had received from the IMF. The country paid the last part of its principal debt amounting to $75.9 mln.