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In order to liberalize foreign exchange relations and stimulate the business activity, Alexander Lukashenko signed a decree "on the abolition of the compulsory sale of foreign currency". This was reported in the press service of the head of state. The tool was used during the formation of the Belarusian market and contributed to the formation of currencies on the foreign exchange market.
At the same time, the instrument was dissuasive, as investors perceived it as a sign of administrative regulation and restrictions. According to the press service of the President, the abolition of compulsory sales of part of the currency by companies will help to increase the competitiveness of Belarusian exporters, will become a critical factor in improving the conditions in Belarus
. If the state has abolished the mandatory sale of foreign currency earnings, then the company itself will decide where to spend it. "Obviously, the decree will have a favorable impact on the work of all producers interested in exporting.
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