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Republic Belarus

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About the country

Belarus’s contribution to the EFSD is US$10 million; Belarus’s access limit in the EFSD is US$1956,4 million (21% of total assets of the Fund)

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Belarus is the EFSD founding state:

  • Belarus’s contribution to the EFSD is US$10 million;
  • Belarus’s access limit in the EFSD is US$1956,4 million (21% of total assets of the Fund)

The authorized representative of Belarus in the EFSD Council is the Minister of Finance of the Republic of Belarus — Yury M. Seliverstov.

The Member of the Expert Council from Belarus is the Head of the Directorate for International Financial Relations, Ministry of Finance of Belarus - Pavel P. Shulga.

Belarus is member of the Eurasian Economic Union since 1 January 2015.

The EFSD project portfolio in the Republic of Belarus consists of financial credits. The amount of the portfolio, taking into account completed and active projects, is US$ 4,560 million.

Economic Reference

  • Republic Belarus


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    • GDP

      $71.6 billion

    • Inflation

      7.2 %

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