HomeMediaLatest News"Belarusian strategist has chosen devaluation" – an article by the IEF senior expert Sergei Agibalov in the Moscow News newspaper

"Belarusian strategist has chosen devaluation" – an article by the IEF senior expert Sergei Agibalov in the Moscow News newspaper

03 June 2011

The great strategist is at an impasse. Previously, he always knew who was to blame for the problems of his country. Alternately, the guilty parties were the Russian leadership, which tried to crush the last bulwark of socialism with high prices for energy resources, the inept government of Belarus itself, or the dishonest leaders of Belarusian enterprises.

But long deliberations gave President Alexander Lukashenko a brilliant answer: the currency crisis was caused by the Belarusians themselves. And it is hard to disagree with him, because it is by the will of the Belarusians that Lukashenka has been running the country for 17 years, and in December 2010 he was re-elected. But Lukashenko himself interprets the reasons differently: there was no need for the citizens of Belarus to buy up all the currency in banks, and at the same time accumulate salt and sugar in tens of kilograms. Let’s try to understand, if the matter was in salt.

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