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"In fact belarusians buy imported products on the sum 9 billions more than sell abroad, in a year. Before that gap was fullfilled by credits from IMF and Russia. Now they set very rough terms. And the government got paralized. They simply don't know what to do..."
Economics can be difficult but I think the explanation here can be analyzed, generally. If you are not an 'export' country, you rely on imports. Soviet style system doesn't work. Heck, any system in which you are NOT a producer (of anything or just a very limited production) does NOT WORK. You are at a disadvantage.
Furthermore, it is common that if you rely on the IMF (which are thieving bankers), you eventually cripple yourself. Lukashenko talks a big game but succumbs like other Governments to the Elites. He is a failure. He is just another establishment politician that prefer Soviet politics but is out for himself like the rest.
"Yeah, until yesterday official rate was about 3100 BYR for 1 USD and today it's 4000, in Belarus exchange rate is set by government, and banks (even private) can not exceed it. Before the elections government loudly declared that there will not be any devaluation next year, and raised salaries for 30% without any economical reason,"
Without any reason? I think you look at it wrong. The US currency is falling in value. The American dollar is going into the toilet so there will be constant devaluations. The Government is simply lying if they say there won't be. Since Belarus uses the IMF they will ***** themselves like each who have chosen to sacrifice their country to the bankers have done.
The Euro will also be unstable for obvious reasons. The EU are tyrants and bullies so the sanctions are typical.
Any time the Belarus currency is declining against the US dollar shows mismanagement of the economy and increased debt load and selling out the country by Lukashenko for self profit.
Belarusian Presidential Candidate Gets Three Years In 'Closed Regime'
2008:
News < Economics < News < BelarusToday
Telegraf.by - Mijatovic Urged Belarusian Authorities to Release Barazenka
Soviet experiment sinks Belarus - International | IOL Business | IOL.co.za
Factcheck: Is the IMF lending 80 per cent of its loans to Europe? | Full Fact
Telegraf.by - International Reserve Assets of Belarus Reached $8 Billion
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