EurAsEC Anti-Crisis Fund has approved USD 440 million tranche for Belarus
The fourth tranche, another USD 440 million, is anticipated to be allocated this autumn. However, for its part, Belarus has to privatize state assets worth at least USD 1.2 billion in January-September 2012. Annual proceeds from privatization of state assets should be USD 2.5 billion.
The list of assets for potential privatization includes an automobile manufacturer MAZ, telecommunications operator MTS, as well as medium-sized Belarusian enterprises and public real estate objects.
According to the Ministry of Finance, as of May 1st, Belarus’ foreign debt in January-April 2012 increased by USD 40 million (or 0.3%) up to USD 13.440 billion.
In the second half of 2012 the trend towards growth in external public debt will remain: loans will be obtained from the World Bank, China and the ACF of the EurAsEC. Moreover, an investment project for the construction of a nuclear power plant has been launched, funded by the Russian Government and Vneshekonombank’s loans. Belarus’ external public debt margin by the end of 2012 is set at USD 14.3 billion and is likely to be revised upward again for the next year.
For reference. According to the National Statistics Committee, assets of Belarusian enterprises in the Q1 2012 increased by 3.3% to Br 961.9 trillion in nominal terms, but in USD terms - by 7.6% to USD 119.938 billion as of April 1st.
During searches of social and "green" activists and anarchists, law enforcement has seized computers, mobile phones and publications. The authorities have also exerted additional pressure on supporters of unauthorized street protests and independent lawyers, who represented defendants in the White Legion case. The security services have stepped up the persecution of opponents before the street protests announced by the opposition. Apparently, the Belarusian authorities aspire that participants in street protests would reduce in number and that the low interest of the population to socio-political agenda before the local election campaign would retain.