Lukashenko: Belarusian economy, banking sector have faced unprecedented challenges

The head of state noted that when appointing Roman Golovchenko as Chairman of the Board of the National Bank, he spoke of his intention to meet the team this year. Today, Aleksandr Lukashenko is fulfilling his promise. Especially since the composition of the board has been substantially renewed, and meetings with the teams of the largest bodies of the state vertical to synchronize positions and define tasks have become regular.

“We have recently held a meeting with the Belarus President Administration and our diplomatic corps. A meeting with the government is ahead. Today we will talk not only about the National Bank but also about the development of the banking and financial system in general, which, like our entire country, is going through a challenging period,” the president said.

The head of state noted that when appointing Roman Golovchenko as Chairman of the Board of the National Bank, he spoke of his intention to meet the team this year. Today, Aleksandr Lukashenko is fulfilling his promise. Especially since the composition of the board has been substantially renewed, and meetings with the teams of the largest bodies of the state vertical to synchronize positions and define tasks have become regular.

“We have recently held a meeting with the Belarus President Administration and our diplomatic corps. A meeting with the government is ahead. Today we will talk not only about the National Bank but also about the development of the banking and financial system in general, which, like our entire country, is going through a challenging period,” the president said.

“Over the past five years, the national economy, and with it the Belarusian banking sector, have faced unprecedented challenges,” the head of state stressed. He stated that unprecedented, draconian sanctions had been introduced against Belarus.

“They waited for us to fall to our knees. But today we can say (perhaps even with confidence): we are not bankrupt, we have managed. Yes, it was difficult. It is still difficult. It is unlikely to get any easier going forward,” Aleksandr Lukashenko said.

It is precisely in this way, according to the president, that states pursuing an independent policy pay for their sovereignty in the modern world. In this sense, Belarus has learned a great deal and continues to learn.

“After all, various threats have not gone away; the struggle for influence, resources (including financial ones), and minds is becoming increasingly harsh and unpredictable. We continue to fight for peace, stability, and the confidence of our people in the future,” the Belarusian leader said.