Lower loan interest rates led to record number of outstanding loans

April 22, 2016 18:56

The National Bank reported that in July 2014 the economy’s debt to the banking sector (loans in national currency) increased by BYR 2.6 bln (circa EUR 189 million) – the largest debt since August 2013.

The debt has also accumulated due to the National Banks’ soft monetary policy. The National Bank is expected to further reduce rates in the economy, interest in currency loans will decline and banks will continue to lower interest rates on rouble deposits in the economy. The main risk is that the volume of outstanding loans will continue to increase rapidly, thus leading to liquidity problems in the banking system.

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Death penalty discussion in Belarus: yet not ready for either abolition or moratorium
September 18, 2017 10:43
Фота носіць ілюстрацыйны характар. Источник: https://dobromirole.blogspot.com.by Читать далее: http://www.b-g.by/society/4-chamu-pra-smyarotnae-pakaranne-belarus-paslya-razmovyi-bresce-z-alesem-byalyack-m/

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.