The President approved the economic development plan for 2023

The President of Belarus has signed a decree on the main directions of monetary policy for 2023, BelTA reported. Let us remind you that in October, the average salary in the country decreased slightly.

Monetary policy will focus on slowing inflation to 7-8% and maintaining financial stability.

Resource sources will also be formed to meet the effective demand for loans to finance investment projects.

The refinancing rate will be maintained at 10-11% per annum.

The exchange rate policy will be carried out in a floating exchange rate mode (based on supply and demand in the foreign exchange market) to smooth out sharp fluctuations in the exchange rate of the Belarusian ruble.

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Photo: belros.tv