Add to favorite
 
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS


Russia Is Going To Grant a Loan to Belarus
August 25, 2017 17:15


(Source: http://planetasmi.ru/za-rubezhom)

 The Russian government has approved a draft agreement on granting a ten-year state loan to Belarus in the amount of $ 700 million. The money will be used to refinance Minsk's obligations to Moscow on the previously received loan. The decree signed by Prime Minister Dmitry Medvedev is posted on the official portal of legal information.

The document says that the loan will be provided in 2017. Since 2018, it has to be repaid in two tranches: in April and October. The size of tranches is gradually increasing: from 2.5 percent of the loan amount during the first few years to 9.5 percent in April and October 2027.

On June 30 First Deputy Finance Minister of Belarus, Maxim Yermolovich, said that the country expects to receive money soon. "In July-August we expect actual receipt of these funds," the official said. In April, Belarussian President Alexander Lukashenko said that the Republic "never kneeled before anyone" and regularly serves its debts.


Sources: http://lenta.ru 

Author: Anna Dorozhkina

Tags:      

Next Previous

You might also find interesting:

From Russia With Esports Russias Growing Love Affair With Professional Video Gaming Anapa Will Host Open Film Festival Of CIS and Baltic Countries Buzz Barometer: Foreign Media Ownership Law Under Fire 2014 Sochi Olympics Suprises Yulmart Internet Retailer Plans IPO For 2016





comments powered by Disqus




Comment on our site


RSS   twitter   facebook   submit

Bookmark and Share

Russian Parliament in Action

search on the map
TAGS:
Alexander III  Higgs boson  Fashion Futurum  Irkutsk Region  Exhibitions in Moscow  Russian Internet  Russian history  New Media  Mercedes-Benz Fashion Week Russia  Perm Museums  Russian Animation  Dance Festivals  Russian tourism  Russian trains  Kirov Region  FC Terek  Ballet  Fashion  Painting  Russian spacecrafts  Folk Art Festivals  FIFA  children adoption  Sculpture  Igor Grabar  Russian anomalous zones  Planetarium  Russian Cinema  invest  New Films  Mikhail Bulgakov  Ivan Turgenev Museum  nuclear physics  Romanovs Family  New Wave Contest  Alexander Sokurov  All Russia People's Front  Enter  Archeology  Russian business  Aeroflot  Moscow  animals  Film Festivals  Makhachkala  Russian Literature  Russian Poetry  Moscow Zoo schedule   Alexei Kudrin  Russian Railways 


Travel Blogs
Top Traveling Sites