Golovchenko: government keen to increase EDB investment in Belarusian economy
The government is interested in increasing EBD’s investments in the Belarusian economy – as stated by Belarus’ Prime Minister Roman Golovchenko during his meeting with Nikolai Podguzov, the Chairman of the Eurasian Development Bank’s (EDB) Management Board
“The agreements we reached have been fulfilled. Now we will talk about increasing the bank’s investments in the economy of Belarus. We are a full member of the EDB, so we are ready to offer specially selected projects for financing to the bank. I am sure they will arouse your interest.”
Our country became a full member of the Eurasian Development Bank in June 2010. The bank’s portfolio in Belarus is actively developing. In the accumulated portfolio, Belarus’ share is almost 19 percent, or more than $2bn in equivalent. As Nikolai Podguzov noted, the EDB country strategy for 5 years envisages $1.5bn of injections.
“This is the amount that is planned to be directed to the economy of Belarus until 2026. Accordingly, we adhere to this strategy and intend to fully implement it. Therefore, here the attention towards our Belarusian shareholder will be the highest.”
It should be noted that the EDB is an international financial organisation carrying out investment activities within the Eurasian space. For fifteen years, the EDB has been helping to strengthen and expand economic ties and the comprehensive development of the participating countries: Armenia, Belarus, Kazakhstan, Kyrgyzstan, Russia and Tajikistan. The EDB authorised capital stands at $7bn in equivalent. The main share in the bank’s portfolio is occupied by projects with an integration effect in the areas of transport infrastructure, digital systems, green energy, agriculture, industry and engineering.