Belarus to continue talks on new loan program with IMF: official

Belarus to continue talks on new loan program with IMF: official
# 27 December 2012 04:30 (UTC +04:00)

Baku-APA.Belarus is going to reopen talks on a new loan program with the International Monetary Fund (IMF) in the spring of 2013, Belarus' central bank governor Nadezhda Yermakova said Wednesday, APA reports quoting Xinhua.

The IMF has not ruled out a new program, said Yermakova. " However, much remains to be done to harmonize the terms of the loan program with the IMF, taking into account the interests of Belarus, enlisting the broad support from the board members."

According to the central bank chief, the new program with the IMF should be considered not only as the harmonization of certain actions and loans, but primarily as a positive signal that could significantly enhance the investment appeal of Belarus.

Earlier, Belarusian President Alexander Lukashenko said that Belarus can live without support from the IMF. According to the Belarusian president, the IMF is a political organization that works for the interest of the West and America because they are the main founders.

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