Belarus must allow flexible exchange rate to receive new IMF funding - IMF head in Belarus
MINSK, March 16 (Reuters) - The head of the International Monetary Fund to Belarus said on Monday Minsk must allow a flexible currency rate to receive a new financing package from the Washington-based Fund.
To secure a new IMF programme, Belarus must express at the highest level its intentions of carrying out a comprehensive package of measures, the IMF's David Hoffman said at a briefing in Minsk.
These measures should include a flexible exchange rate and suitably tight monetary policy, he added.
(Reporting by Andrei Makhovsky; Writing by Alessandra Prentice; Editing by Richard Balmforth)
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