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Home»Finance»Belarus to continue paying foreign debt in roubles in 2023
Finance

Belarus to continue paying foreign debt in roubles in 2023

October 26, 2022No Comments1 Min Read
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Oct 25 (Reuters) – Belarus will proceed utilizing Belarusian roubles to repay its debt to Western international locations subsequent 12 months, state information company Belta reported on Tuesday.

“Relating to international debt funds for subsequent 12 months, our unfriendly colleagues must accept the present short-term association,” Belta quoted Finance Minister Yuri Seliverstov as saying.

The World Financial institution stated final week it had positioned all loans made by its major lending arm to Belarus into “nonperforming” standing, citing overdue funds amounting to $68.43 million.

Reporting by Reuters; Enhancing by Mark Porter

: .

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