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New implementation terms for Belarus-IMF program

MINSK (BelTA) – The terms of implementation of a new IMF program for Belarus will be adjusted. The press service of the Belarusian Ministry of Foreign Affairs made the statement after a Belarusian delegation took part in the annual meetings of the governing boards of the IMF and the World Bank on 13-16 April.

Belarus' representatives met with and held negotiations with the IMF and the World Bank leadership and took part in sessions of the group of countries of Central and Eastern Europe in the IMF and the Belgium group of the World Bank.

In particular, members of the Belarusian delegation met with IMF Deputy Managing Director Mitsuhiro Furusawa, Director of the IMF European Department Poul Thomsen, and IMF Mission Chief for Belarus Peter Dohlman. The sides discussed key economic policy measures aimed at securing macrofinancial balance and structural economic changes. The IMF leadership noted progress in the implementation of economic policy measures by the Belarus government and the central bank. The sides agreed to continue working together to evaluate the economic situation in the Republic of Belarus and to polish the terms of implementation of a new IMF program for the country.

The Belarusian delegation included Deputy Chairman of the Board of the National Bank of the Republic of Belarus Dmitry Kalechits, First Deputy Finance Minister Maxim Yermolovich, First Deputy Economy Minister Alexander Zaborovsky, Deputy Minister of Foreign Affairs Valentin Rybakov, and the Belarus President's Aide for Economic Affairs Kirill Rudy.