Belarus will discharge liabilities to certain foreign debt holders in Belarusian Roubles

This measure is stipulated by a joint resolution of the Government and the National Bank

In line with the document, Belarus will discharge its liabilities to repay the principal debt and the interest on foreign state loans – attracted from the International Bank for Reconstruction and Development, the European Bank for Reconstruction and Development and the Nordic Investment Bank – in Belarusian Roubles according to an official exchange rate of the Belarusian Rouble against the corresponding foreign currency as of the payment date.

As reported by the Government's press service, this is a forced measure since Belarus is limited in settlements with western debt holders in US Dollars and Euros due to the sanctions imposed, and also similar actions of the above-mentioned organisations to terminate transactions as part of their obligations.

The resolution is coming into force after its official publication.