BELARUS NEWS AND ANALYSIS

DATE:

29/10/2008

Belarus tells IMF ready to liberalise economy

MINSK, Oct 29 (Reuters) - Belarus is ready to liberalise its economic policies as it seeks a $2 billion cushion against the impact of the global financial crisis from the International Monetary Fund, an official said on Wednesday.

Belarus' deputy central bank head Vasily Matyushevsky told reporters he was optimistic about the loan as an IMF mission held talks with top Belarussian officials in Minsk.

'Our macro goal is for this credit not to be used at all. In the current situation we don't need this money... But we don't know how deep is the global crisis,' he said. 'Belarus is asking for the loan, but it is not in crisis.'

Asked if the IMF had made the loan conditional, he said: 'So far experts haven't raised such conditions. But in any case, Belarus we will move toward liberalising the key economic policies.'

(Reporting by Andrei Makhovsky, writing by Dmitry Zhdannikov; editing by Melissa Akin)

Source:

http://www.forbes.com/afxnewslimited/feeds/afx/2008/10/29/afx5618038.html

Google
 


Partners:
Face.by Social Network
Face.by