The official pointed out that while talking about economic matters it is necessary to focus on real figures instead of nominal ones. “Let's say, the interest rate on a loan stands at 10%. The rate is different if we add inflation to it. If, for instance, inflation is 5%, then respectively the real interest rate on the loan turns out to be 5%."
Mikhail Rusy: Steady work of worker collectives underpins Belarus economic security eng.belta.by - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from eng.belta.by Daily Mail and Mail on Sunday newspapers.
Opinion: Steady work of worker collectives underpins Belarus economic security eng.belta.by - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from eng.belta.by Daily Mail and Mail on Sunday newspapers.