Christmas ‘gift’ from Putin: Belarus to take up $2 bn loan

The Russian government will provide up to $2 billion in a loan to Belarus in 2014, Russian President Vladimir Putin said at a meeting of the Belarusian-Russian Union State’s Supreme State Council in Moscow on December 25, 2013.

He said that the lending would be offered ‘in connection with what is happening in world markets,’ according to Russia’s news agency RIA Novosti.

Speaking to reporters after the talks, Russian Finance Minister Anton Siluanov said that the government loan would be issued for a period of up to 10 years. The money for the loan will be provided out of the Russian budget and other sources, he said., following BelaPAN

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