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The forthcoming redenomination in Belarus was one of the main issues on the agenda.I was reported that the National Bank and the government have done a lot to ensure a calm transition to the new money. The head of state also noted that the redenomination which is, probably, considered an unpopular event to a certain extent will take place in the run-up to the parliamentary elections. Independence Day Congratulations of Sylvia Reed Curran of economic reforms to encourage foreign investment, As participants of this conference are well aware, our including successful unification of its exchange rates and. Watch and weigh A strengthening of your home currency say, the Sing dollar against the currency of the foreign asset means that you will suffer losses when you convert your proceeds back to the home currency. 450 Concerning the redenomination of the official currency of the Republic of Belarus. (2) A resolution under this section may authorize a limited company to redenominate its share capital (a) on more than one occasion; (b) at a specified time or in specified circumstances. November 4 2015 the President of the Republic of Belarus Alexander Lukashenko signed decree No.A private company may reduce its share capital using a new solvency statement procedure.However, both private and public companies will be able to use the court approved procedure for capital reductions. 8 Companies Act 2006 (5) A company must not be re-registered as a public company if it appears to the registrar that (a) the company has resolved to reduce its share capital, (b) the reduction (i) is made under section 626 (reduction in connection with redenomination of share capital), (ii) is supported by a solvency statement in accordance with section 643, or (iii) has been confirmed. When asked whether the redenomination will help ensure the economic stability, Peter Dohlman said that strong and reliable economic policy measures are needed to create good prospects.
(3) The redenomination must be made at a spot rate of exchange specified in the resolution.
Second GDP estimate for Quarter 2 2016 Note: 1) Starting from 2016, GDP has been estimated according to the main methodological provisions of SNA 2008.
Data for the previous year have been brought in line accordingly.
(4) The rate referred to in subsection (3) must be either .
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