Belarus’ international reserves stabilise
According to the National Bank, on September 1st, Belarus’ gold and currency reserves totalled USD 6.29 billion.
Since August 2014, they have increased by USD 80 million due to small public debt payments and greater foreign currency demand on the local market. In September, Belarus is due to repay circa USD 350 mln in public debt, which could affect the international reserves. However, Belarus might increase her foodstuffs exports to Russia, and place a new issue of government bonds for enterprises. Net supply of foreign currency on the domestic market might reoccur. Meanwhile, a sharp intensification in corporate lending in BYR by the banking system might increase demand for foreign currency in order to purchase additional raw materials and equipment.
The Belarusian authorities have launched a discussion on the moratorium or abolition of the death penalty under the pressure of Belarusian human rights activists and international community. Apparently, the authorities are interested in monitoring public sentiments and response to the possible abolition of the capital punishment. The introduction of a moratorium on the death penalty would depend on the dynamics in Belarusian-European relations, efforts of the civil society organisations and Western capitals.
In Grodno last week, the possibility of abolishing the death penalty in Belarus or introducing a moratorium was discussed.
The Belarusian authorities are likely to continue to support the death penalty in Belarus. During his rule, President Lukashenka pardoned only one person, and courts sentenced to death more than 400 people since the early 1990s. Over the past year, Belarusian courts sentenced to death several persons and one person was executed.
There are no recent independent polls about people’s attitude about the death penalty in Belarus. Apparently, this issue is not a priority for the population. In many ways, public opinion about the abolition of the death penalty would depend on the tone of the state-owned media reports.
That said, the Belarusian Orthodox Church and the Roman-Catholic Church stand for the abolition of the capital punishment, however their efforts in this regard only limit to public statements about their stance. Simultaneously, the authorities could have influenced public opinion about the death penalty through a focused media campaign in the state media. As they did, for example, with the nuclear power plant construction in Astravets. Initially unpopular project of the NPP construction was broadly promoted in the state media, and eventually, according to independent pollsters, was accepted by most population.