BELARUS NEWS AND ANALYSIS

DATE:

31/12/2008

IMF To Provide US$2.5 bln to Belarus

(RTTNews) - Wednesday, the International Monetary Fund said its staff mission and the Belarus authorities have reached an agreement on an economic program to be supported under a 15-month Stand-By Arrangement for SDR 1.62 billion or about US$2.5 billion. The agreement is subject to the approval of IMF Management and the Executive Board.

The Executive Board is expected to meet to discuss the program in January 2009. Belarus would be able to draw SDR 517.8 million or about US$800 million immediately after Board approval.

Source:

http://www.rttnews.com/ArticleView.aspx?Id=813585&SMap=1

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