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PRESS RELEASE

 

Washington, D.C., February 1, 2008

 

International Financial Corporation: We Are Certain Belarus Will Reform Business Environment

 

During the bilateral consultations between the Government of Belarus and the World Bank Group held in Minsk on January 29-31, an official of the National Bank of Belarus informed that Belarus has drafted 63 laws and regulations on improving the business climate, Valery Fadeev, the Senior Counselor of the International Finance Corporation (IFC) in Belarus told reporters in Minsk on January 31.


According to the source, when preparing the documents the Government of Belarus takes into account the international experience, asks for the opinion of the World Bank experts.


According to Valery Fadeev, the Minsk consultations yielded great results. “The Belarusian government pursues a long-term strategy aimed at improving the business climate. We are certain Belarus will reform the business environment,” he underlined.


 

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