Ten Russian cities have acquired the MAZ buses in anticipation of the 2018 FIFA World Cup, including Moscow and Saint Petersburg. The buses will be used to transport football fans for the duration of the world cup. Later on the buses will be used for regular urban and suburban transportation.
The IFC representative said: “We are considering the development of a new program to provide consulting assistance to Belarus. The program will be aimed at improving the business environment, the investment climate. We are looking at several components, which may become part of the program."
“There are buffers at every turn, which allow us to expect with a high degree of probability that the revenue part of the state budget will be fulfilled,” noted the official. Positive performance achieved in January 2018 confirms the calculations are realistic.
The expo will be Belarus' largest event of the kind in Ukraine in the last few years. The expo will be organized by the Belarusian Chamber of Commerce and Industry, with BelInterExpo acting as the expo operator.
According to the first deputy minister, the current program for the next three years envisages both the repayment of the national debt and its refinancing. “We will have to refinance the debt of about $1 billion annually.
I believe that the implementation of a set of economic policy measures by the government and the National Bank will help ensure in the midterm the necessary amount of structural changes that the IMF expects from us,” the first deputy minister said.
The joint plant will produce 500 vehicles a year, with the opportunity to increase the capacity. There are plans to gradually increase the localization of the joint production up to 40% to supply products to the markets of the neighboring countries.