In 2017, the National Bank of the Republic of Belarus will keep a balanced monetary policy, the main goal of which is to reduce inflation to an unambiguous level — non higher than 9 percent, and will continue to implement systemic measures for ensuring financial stability, including through a number of initiatives aimed at reducing the problematic debt of banks, reduction of directive lending, creation of conditions for accelerated development of non-banking segments of the financial market. Activities of the National Bank of Belarus aimed at ensuring macroeconomic balance, implementation of a number of important changes in the field of monetary and foreign exchange policy, the way the bank manages market risks in the current economic situation were discussed by the Board Chairman of the National Bank of the Belarus Republic Pavel Vladimirovich Kallaur in his interview with the “ES” magazine.