Belarus Plans to Raise $1.5Bln via Foreign Loans in 2014

© RIA Novosti . Vladimir Astapkovich / Go to the mediabankBelarus Plans to Raise $1.5Bln via Foreign Loans in 2014
Belarus Plans to Raise $1.5Bln via Foreign Loans in 2014 - Sputnik International
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Belarus plans to raise $1.5 billion through foreign loans next year, a top finance official said Tuesday.

MINSK, November 13 (RIA Novosti) – Belarus plans to raise $1.5 billion through foreign loans next year, a top finance official said Tuesday.

But the former Soviet republic will also need some $2 billion from privatizations to balance its budget, Oleg Selivyorstov, a deputy chief of the Finance Ministry’s budget policy department, said in Minsk.

The country’s debt servicing payment next year is expected to grow by $255 million to $783 million, the official said.

 

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