Mikhail Chyhir: Belarus is in for extremely hard year

• 25.02.2015, 8:05

In order to keep the economy afloat, the authorities should find at least 7 billion dollars of additional financing.

This statement has been made by former Prime Minister Mikhail Chyhir, Radio Racyja informs.

- This year is very hard, we need at least 7 billion of extra financing, in order to keep the economy afloat. I do not know where they could be taken from. We need extra financing from outside the country. The situation is really difficult, -- he said. – I hope there would be tangible results, otherwise the situation is going to be really bad.

- And the main thing which should be done for the country is to create conditions for stable inviting of investments into the Belarusian economy, -- Mikhail Chyhir said. – It would not be possible to create high-tech industry in Belarus without that.