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18 Aug 23
Millions of euros the European Union had planned to spend on programmes involving Russia and Belarus will now be spent with Ukraine and Moldova, in light of the ongoing war.
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18 Oct 22
The World Bank has placed all development loans made to Belarus through its subsidiary lender to a non-performing status because of overdue payments.
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19 Jul 22
Failure to pay its dollar-denominated debt obligations in the correct currency constitutes Belarus technically defaulting in the eyes of ratings agencies Fitch and Moody’s.
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8 Mar 22
Belarus is likely to default on its debt in the coming year as a result of sanctions imposed in response to its role in helping Russia’s invasion of Ukraine, S&P Global said after it downgraded...
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29 Mar 16
Belarus has received a $10m World Bank loan to help it implement an ambitious public financial management modernisation programme.
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20 May 15
Belarus’s economy is expected to shrink by 3.5% this year and by 1% in 2016, because of weak demand among its trading partners and low oil prices, the World Bank said.