Belarus, following Russia, allowed settlements on public debt in national currency

Belarus, following Russia, allowed settlements on public debt in national currency
Photo is illustrative in nature. From open sources.
The measure concerns settlements of Belarus, agent banks and other legal entities with countrieswho announced sanctions against the republic Photo from the archive

The Ministry of Finance of Belarus was allowed to fulfill obligations to countries that have imposed sanctions against the republic in national currency, according to the website of the department. The corresponding decree was signed by the President of Belarus ALEXANDER LUKASHENKO .

The Ministry of Finance receives such a right if unfriendly countries impose restrictions that imply the actual freezing of investment projects being implemented in Belarus, the suspension of their financing, “depriving the possibility of making payments on public debt in foreign currency.”

In this case, the Ministry of Finance, agent banks and other legal entities receive the right, by decision of the government of Belarus, to “ensure the fulfillment of obligations to such countries in the national currency,” the report says.

Siluanov said that RUSSIA gave the West a "payment" on the state debt Economics

On March 6, in connection with Western sanctions, a decree on the temporary procedure for fulfilling obligations to foreign creditors from countries that have introduced restrictions was also signed by Russian President Vladimir Putin . it applies to debt obligations (credits, loans, bonds) of Russia itself, its regions, municipalities, as well as residents of Russia (individuals and legal entities). We are talking about payments of more than 10 million rubles. per month (or their currency equivalent).