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Aleksandr Lukashenko approves 2019 National Bank’s report

13 May 2020
On 13 May, Belarus President Aleksandr Lukashenko signed a decree to approve the annual report for 2019 of the National Bank of the Republic of Belarus (NBRB).

In line with the 2019 report, the NBRB activities were aimed at preserving the basis for a balanced and sustainable development of Belarus’ economy by maintaining price and financial stability.

The NBRB achieved the main objective of the monetary policy, which was to curb inflation that stood at 4.7% (the target was to keep inflation below 5%).

The banking sector functions efficiently. Deposits in the national currency are high yielding and loans in Belarusian rubles are accessible and affordable.
© 2020, The Press Service of the President of the Republic of Belarus