Draft decree on measures to ensure financial stability prepared in Belarus

Belarus has prepared a draft decree on measures to ensure financial stability. The document is being agreed with the government's economic agencies. This was discussed at a meeting of MPs of the House of Representatives with the top officials of the National Bank. The regulator will ensure financial stability together with the Government. In addition, the National Bank may get more rights in managing the main directions of monetary policy. At the same time, the responsibility of the Bank's management will increase. Such measures will allow to more effectively control the level of inflation. The National Bank of Belarus aims to reduce inflation to 4% after 2020.