1 Mar 2019 16:17

Lukashenko not ruling out capital amnesty in Belarus

MINSK. March 1 (Interfax) - A capital amnesty may take place in Belarus, the country's president Alexander Lukashenko said.

"We are ready [for the capital amnesty]. We are looking into this matter. We will consult with our entrepreneurs and businesspeople. It's on the table," Lukashenko said at a meeting with media and members of the public on Friday.

The main thing is for the amnesty not to turn into "a blank round," the president said. "If business circles convince me that it must be done and that it will have the desired effect, we will go ahead with it," he said.

The capital amnesty is expected to be carried out according to schemes, which are "no worse than in Russia," the Belarusian president said. "Most likely it will just be a return, legalization of money, probably even without any interest payments," Lukashenko said, adding that no specific scheme has been devised as of yet.