Privatization: what and to whom

The National Bank negotiates sales of entire or part of share in commercial banks Paritetbank, Belinvestbank, Belagroprombank (also via the EBRD). However, so far the parties did not manage to agree on the price.

Stabilization loan will help Belarus to defend its negotiating position however the delay or refusal of the allocation makes its position considerably weaker.

The Belarusian government plans to auction shares in 180 Belarusian joint stock companies (either book value of shares or their market price). However the country has no positive experience in the auction sales of enterprises (previous privatization of all profitable companies was held by closed presidential decrees). There is a possibility that the World Bank will assist the Belarusian government in holding 5 transparent sale auctions of profitable enterprises.