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On Loans and Promises in Belarus

March 23, 2012 - Example Author - New Eastern Europe newsletter

Now Online: An Interview with Alexander Chubrik, Economist and Fellow with CASE – Centre for Social and Economic Research. Interviewer: Michał Potocki.

ALEXANDER CHUBRIK: There is no risk that Belarus will go bankrupt this year, even if the government does nothing to heal the current situation. However, I still have hope that this money [from Russia] will be used to convince others to start trusting our currency and the policy of the National Bank of the Republic of Belarus (NBRB). I also hope that our government will use these funds to eliminate the economic imbalance. If these expectations are not met, they will at least prolong our ability to survive.

To read the full interview click here: https://www.neweasterneurope.eu/node/256


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