Foreign investment: a focus on borrowing

In 2013 the foreign capital inflow rate in Belarus continued to remain low. The official aversion towards privatisation had not changed, which was reflected in an almost complete lack of it. This position forces the government to continue to resort to external borrowing and lending as the main source of foreign capital. The difficult economic situation also complicates the process of Eurobond placement in the global markets, which stimulates a more intensive development of the domestic borrowing and debt market.

A number of legislative acts are passed with the aim of improving the business climate and investment climate in Belarus, in which one of the main aims is the protection of investor rights and the guaranteeing of the right to the settlement of disputes.