Events

MINSK, 5 April (BelTA) – Experts of the International Monetary Fund and the World Bank arrived in Belarus on 5 April for the sake of working together, BelTA learned from the IMF representative office in Minsk.

The joint IMF-World Bank mission will work in Belarus on 5-21 April, the source specified. While in Belarus the experts are expected to evaluate the country’s financial sector.

The International Monetary Fund (IMF) is an international organization headquartered in Washington, DC. It was founded on 27 December 1945. Belarus has been an IMF member since 1992.

Belarus became a World Bank member in 1992. Since then the country has borrowed $1.88 billion. Apart from that, a number of programs have received support via grants. The current investment portfolio includes nine projects for a total sum of $998 million.