On February 24, Minsk /BELTA correspondent/. Belarus should reach an inflation rate of no more than 5-6% by 2015. This is stipulated by the Government's Programme of Activities for 2011-2015, reports BELTA correspondent. Furthermore, in terms of monetary policy implementation, the main objectives are defined as ensuring the stability of the national financial and monetary system, increasing money supply (emission) while observing the target inflation rate parameters and the set currency corridor; enhancing the stability of the banking system, reducing the share of banks' problem assets in assets subject to credit risk to no more than 4%. This five-year period also envisages a reduction in interest rates on loans by decreasing the National Bank's refinancing rate to 6-8% per annum by the end of 2015. The pegging of the Belarusian ruble's exchange rate to a basket of foreign currencies within the established corridor will be maintained, but a gradual transition to a more flexible exchange rate formation will be carried out as the internal and external balance of the economy improves. The formation of gold and foreign exchange reserves will be carried out at a level ensuring the country's economic security – no less than 3 months of import volume. In addition, in accordance with the Programme, it is necessary to ensure Belarus's entry into the top 30 leading countries in international ratings characterizing the development of the banking sector, lending and settlement systems, and the effectiveness of monetary policy. The resolution of these tasks will be carried out within their respective competencies by the National Bank, the Ministry of Economy, the Ministry of Finance, and other state bodies in accordance with the Programme of Socio-Economic Development of the Republic of Belarus for 2011-2015. -0-

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