Belarus expects $2 billion in IMF funds

Alexander Lukashenko, Belarus's president, has said that the country expects to receive $2 billion from the International Monetary Fund (IMF) before the end of 2009.

The funds will be used to replenish reserves and stabilise the currency, Lukashenko said on Monday. Pyotr Prokopovich, the governor of the National Bank of Belarus, said in a statement on the president's website published Monday that the central bank had widened its exchange-rate band for the rouble to 10% of its target basket of