Finance Belarus

The National Bank of Belarus released the latest statistics on the gold and foreign currency reserves.

National Bank chairwoman Nadzeya Yermakova says no there are no immediate plans to denominate the Belarusian currency.

Limit on cash payments will be about $14,000 (1000 base units) and will take effect in six months.

The money will be spent on the project Electrification of the territory of the Chinese-Belarusian Industrial Park.

Gross external debt of Belarus amounted to $13.2 billion as of September 1.

The 50-Belarusian-ruble banknote will no longer be in circulation effective from January 1, 2015.

Nor will value-added tax.

Lukashenka's decree on "Performance of Microfinance Institutions" did not affect the loans at 2% per day.

The vice PM has told it to Belarus-1.