IMF Discussing with Belarusian Government Measures to Stabilize Economy

07.06.2011 11:02

Deputy Prime Minister of Belarus Sergei Rumas met with International Monetary Fund mission, headed by Chris Jarvis, on June 6. Issues of stabilizing the economic situation in Belarus, including in the fx and consumer markets, were on the table.

As reported in the government, Sergei Rumas took interest in the international experts’ assessment of the situation in Belarus in comparison with the IMF previous mission. In particular, the deputy prime minister inquired about the IMF assessment of Belarus’s decision to accept the Crisis Fund loan.

«Though this mission does not consider the issue of assistance to Belarus, I would like to define common approaches: to what extent the IMF shares the steps agreed with the Crisis Fund,» said Sergei Rumas.

As Telegraf previously reported, the IMF regular mission is scheduled in Belarus until June 14, 2011. The mission will consider the current economic situation in Belarus, discuss the measures taken by the Government and the National Bank to stabilize the situation on the domestic market, as well as will determine the possibility of the IMF support of the macroeconomic policy, carried out by the Government and the National Bank.

May 31, the Government and the National Bank of Belarus asked IMF for a bailout. Consultations on this issue are also included in the agenda of the current IMF mission.