A struggling Belarus economy faces increasing threats to financial stability
With a resolution to the political crisis in Belarus unlikely in the short-term, the country’s economy faces increasing risks to its stability. Greater political unrest in Belarus could lead to additional pressure on international reserves and deposit outflows, increasing risks for macroeconomic and financial stability. Alternative sources of financing and cash buffers mitigate near-term financing risks, according to a new report from ratings agency Fitch. The political crisis that has followed a disputed August presidential election has negatively affected international reserves and banks,...
Source: emerging-europe.com