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06 April 2020, 12:54

Belarus considering seeking EU macro-financial assistance

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MINSK, 6 April (BelTA) – The Belarusian Finance Ministry is considering seeking macro-financial assistance from the European Union, BelTA learned from the press service of the ministry following the talks between Belarus Finance Minister Maksim Yermolovich and European Commissioner for Neighborhood and Enlargement Oliver Varhelyi.

“The parties discussed the EU approaches to supporting the Eastern Partnership countries to mitigate the impact of the COVID-19 pandemic on the Belarusian economy,” the press service noted. “They also looked into the possibility of providing the EU macro-financial assistance to Belarus in addition to credit resources of the International Monetary Fund that might be allocated as part of the rapid financing instruments,” the press service added.

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