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Russia will provide Belarus with critical financial assistance in the amount of
Содержание
WHAT IS THE REASON FOR THE NEWS?From Belarus’s side:The rapid decline of the economy in Belarus (Republic’s balance is MINUS $2,728 billion ).The growth of the country's gross domestic product (GDP)
Слайды и текст этой презентации
Слайд 1Russia will provide Belarus with critical financial assistance in the
amount of $1,5 billion
«International business» program
Слайд 2WHAT IS THE REASON FOR THE NEWS?
From Belarus’s side:
The rapid
decline of the economy in Belarus (Republic’s balance is MINUS
$2,728 billion ).The growth of the country's gross domestic product (GDP) for the first half of 2019 was only 0.9%
Inflation in Belarus was 4% (2019).
Planning the budget of the Republic of Belarus with a deficit of $ 1.5 billion.
Hope for a return to the annual subsidiary system.
Слайд 3WHAT IS THE REASON FOR THE NEWS?
From Russia’s side:
Ensuring timely
Belarusian payments to Russian suppliers.
Support for friendly modes.
Belarus is a
member of the Eurasian Union we cannot make this country turn away from us.By providing a loan to Minsk, Moscow hopes that it will go to the restructuring of the state debt of Belarus to Russia, which Lukashenka is currently unable to repay.
Слайд 4HOW CAN THIS AFFECT THE GLOBAL ECONOMY?
Strengthening a cooperation between
Russia and Belarus.
Reduction of the Belarusian debt to Russia.
The postponement
of Belarus' default.Strengthening Russia's position on the world stage (by keeping its own promises given).
Some changes in Europe’s attitude towards Russia due to lending to Belarus in the current political situation.
Revision of gas prices (the loan, issued to Belarus, is a veiled gas discount.
Слайд 5TERMS DICTIONARY
Balance – an amount that represents the monetary difference
between exports and imports GDP (Gross Domestic Product) – is
a monetary measure of the market value of all the final goods and services produced in a specific time period. Default – failure to meet the legal obligations (or conditions) of a loan (for example when a corporation or government fails to pay a bond which has reached maturity).
