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IMF mission to visit Belarus in near future — National Bank

September 13, 20:43 UTC+3 MINSK
In March, Belarus received the first tranche of the $500 mln loan from the Eurasian Fund for Stabilization and Development
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MINSK, September 13. /TASS/. The mission of the International Monetary Fund (IMF) will visit Belarus in the near future, First Deputy Chairman of the National Bank of Belarus Taras Nadolny said on Tuesday.

"In the near future we are waiting for the arrival of Head of the IMF mission to Belarus Peter Dolman in Minsk," Nadolny said. According to him, "generally, everything is moving in a positive way, and we have developed a good level of communication with the Fund."

Nadolny also said that the National Bank expects to receive the third tranche of the Eurasian Fund for Stabilization and Development (EFSD) in the near future. According to him, Minsk has fulfilled all the conditions that EFSD put on the balance sheet date - September 1. "We have met all the necessary conditions, so the prospects for normal and positive. We are expecting the next tranche as planned," Nadolny said.

Minsk discusses the possibility of attracting a new IMF loan of $3 bln at the rate of 2.28% for 10 years.

In March, the first tranche of the $500 mln loan from the Eurasian Fund for Stabilization and Development has been received by Belarus.

As was reported earlier the Ministry of Finance of Belarus and the Eurasian Development Bank signed an agreement on allocation of a loan from the funds of the Eurasian Fund for Stabilization and Development late last week. The $2 bln loan will be granted in tranches, each for a period of 10 years, including a 5-year grace period. The financial facility is provided to support the Belarusian economic policy measures and structural reforms of the government and the National Bank of the Republic in 2016-2018.

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