Belarus and Russia agree on debt cancellation

By | August 27, 2020
Belarus and Russia agree on debt cancellation

Governments will hold negotiations on the refinancing of billions of dollars, which will help to support the foreign exchange market. Lukashenka says.
Prime Ministers of Belarus and Russia Roman Golovchenko and Mikhail Mishustin will hold talks on Thursday, August 27, on the refinancing of billions of dollars of debt. This was announced at a meeting in Minsk by Belarusian President Alexander Lukashenko, BelTA writes. And it will be a good reinforcement of our national currency,” Lukashenko said.

He also promised to prevent the collapse of the national currency.

“Now our internal scoundrels are calling for the destabilization of the financial market. Some people succumb to this – currency from banks to pick up and so on … We will not allow the collapse of the national currency. If people want to buy a dollar – please, it is worth today how much it costs. We have a floating rate: demand is large – it means that this dollar or euro will be more expensive, demand is less – it will be cheaper to cost. We do not hold back the ruble,” he said.

Lukashenko also noted that Belarus has not yet started to really use gold and currency reserves. “How I felt: three months ago I set a task to return all gold and foreign exchange reserves to the country, especially the gold reserves. We have up to a gram of gold returned to the country,” he said.

“So there is no such disaster… We have absolutely enough reserves to keep the course acceptable to us at an acceptable level,” Lukashenko said.

At the same time, he warned that he was already reporting on robberies of people who changed money, as it became known to criminals. “I think our people need to think seriously about this,” Lukashenka said.

Earlier today Lukashenko says that diplomatic carnage at the highest level has begun against the country.

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