There is a risk that Belarus will not return the Russian loan. So the economist Sergey Hestanov in a conversation with “Tape.ru” appreciated the prospects for repayment of debt and noticed that the state of the republic’s economy, weakened by sanctions, as well as internal factors, rather difficult. Hestanov added that Russia has a great deal of debt write-off.
Minsk can ask Russia a loan of 3.5 billion dollars from Russia, since the US sanctions against the Belarusian public holder create problems for his refinancing, earlier the first deputy prime minister of Belarus Nikolai Snopkov.
question outside the economic plane
According to Hestanov, from the point of view of the economy, the figure of $ 3.5 billion is not particularly big for Russia and is hardly affected by the budget even in case of no return.
“But for Belarus, on the contrary. Due to the weakness of the economy, this amount looks quite essential. For our budget, it is quite modest. Estimate the economic feasibility of the potential issuance of the loan is quite difficult, and it is unlikely that it plays a role in making this decision. “, – noticed the interlocutor” Lental.ru “.
The question of the return of debt, according to the economist, is quite complicated. The overall role of Belarus will also play a negative role in this issue, and its weakness with sanction pressure.
“How much payouts will be satisfied for them, do not guess. In many ways, it will, of course, will depend on the bet. However, Russia has extensive experience in debt write-off, and taking into account the fact that the amount is not essential for the economy, It does not threaten global losses. Yes, and this question lies still outside the economic plane, “he concluded Hestanov.
The Belarusian economy is very dollarized: about 60 percent of governmentobaligations nominated in American currency. The Development Bank, crediting national projects, has in circulation dollar bonds by another 115 million. In this regard, US sanctions will inflict a tangible blow to Belarus.