Belarus asks the European Union for financial support

MINSK. June 25. KAZINFORM. Belarus has addressed the European Union for financial assistance, Finance Minister Andrei Kharkovets told reporters on Wednesday; Kazinform refers to Itar-Tass.

photo: QAZINFORM

He noted that the Belarusian side has not yet been discussing Russia's disbursement of a 500-million-dollar loan to Belarus.

Meanwhile, the National Bank of Belarus expects that the council of directors of the IMF at its meeting at the end of June will take an affirmative decision on increasing the financial support for the republic by 1 billion U.S. dollars.

"Supposedly, the council of directors will meet on June 29 and we hope for an affirmative decision," the deputy head of the National Bank of Belarus, Nikolai Luzgin, said.

He underlined that Belarus fulfilled all conditions of the IMF. Recently it took a decision to expand the corridor for the Belarusian rouble fluctuations in the currency basket up to 10 percent; Kazinform cites Itar-Tass. See www.itar-tass.com for full version.