News Belarus Debt: Debt Crisis Grips Russia’s Most-Loyal Ally as Dollar Bonds Dive
(Bloomberg) -- With all the focus on the risk of default by Russia, an even more spectacular collapse has gone largely unnoticed right next door: There’s a bond crisis brewing in Belarus, which has the world’s worst-performing government debt this year.Most Read from BloombergUkraine Update: U.S. Skeptical After Russia Vows Kyiv PullbackUkraine Update: Kyiv Seeks Cease-Fire Deal in Russia TalksAbramovich Suffered Suspected Poisoning During Ukraine TalksWorld’s Longest Passenger Flight Plans to A
News Belarus Debt: UPDATE 1-Belarus may repay foreign debt in its roubles due to sanctions
Belarusian leader Alexander Lukashenko has given his finance ministry and banks the right to service the country's foreign currency debt in Belarusian roubles because of Western sanctions, according to a decree published on Thursday.
News Belarus Debt: Belarus says it will pay some foreign debts in Belarusian roubles
Belarus said on Thursday it will pay some of its foreign debts in Belarusian roubles, as Western sanctions limit its ability to deal in foreign currencies. The country will pay debt and interest in ...
News Belarus Debt: In 2022, Br6.9bn to be spent to repay state debt
To pay off the state debt, Br6.9bn will be allocated from the budget this year, noted Belarus’ Deputy Finance Minister, Elena Pechen, ...
News Belarus Debt: World Bank predicts Belarus GDP fall
The drop in GDP is forecast at 2.8%, according to the World Bank website. Among the reasons for the fall, they cite the impact of sanctions imposed by Western countries.
News Belarus Debt: Ex-Head Of Belarus National Bank: Authorities Start Having Problems
Former head of the National Bank Stanislau Bahdankevich notes that the National Bank invested in forecast indicators, and the growth of the ruble money supply had a certain impact on inflation, which ...
