OREANDA-NEWS. The Government and the National Bank of Belarus (NBB) are to adopt a finance management programme for 2013, which will balance the demand for credit resources and sources of finance.

NBB chief Nadezhda Yermakova made a statement to this effect at a conference with the government and President Lukashenko in attendance, where they analyzed the country’s economic performance in 2012 and set targets for 2013.

In her report, Yermakova accentuated the point that banks may painlessly increase their credit portfolio for entities by 20% in 2013 to Br45 trillion (USD 5.233 billion).

To make sure credit resources are affordable, the NBB conducted a campaign designed to reduce the cost of borrowing with banks. At the same time, Yermakova made it clear that only well-defined and well-structured business projects would receive credit resources.

Also, Belarusian banks are encouraged to promote exports by means of providing export credits for manufacturers.