The refinancing rate to decrease in March

From March 1, the refinancing rate to reduce by 0.5% and amount to 11% per annum, BelTA reported.

The reason for the refinancing rate reduction is the fall in annual inflation in Belarus, which in January amounted to 12%. Also, the growth rate of consumer prices has slowed down in recent months.

Let us remind you, that the experts of the Eurasian Development Bank promise to reduce inflation in Belarus. According to forecasts, prices may rise by only 8% by the end of 2023.

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