President holds meeting on progress of negotiations on IMF's Extended Fund Facility program

Belarus and the IMF are working on a new loan program in the amount of $ 3 billion at 2.28% per annum. The implementation period is 10 years. This topic was discussed today at the meeting with the President. The Head of State approved of the credit conditions. At the same time Belarus will agree on the IMF conditions only on the basis of national interests.