Belarus receives first tranche of Russian loan

The total loan amount is $ 1 billion.

Belarus has received the first tranche of the Russian loan. According to a message on the page of the Ministry of Finance, its size is $ 0.5 billion:

“Pursuant to the Agreement between the Government of the Republic of Belarus and the Government of the Russian Federation on the provision of the State Financial Credit to the Government of the Republic of Belarus, concluded on December 21, 2020, on December 30, 2020, the Ministry of Finance received the first tranche of the State Financial Credit in the amount equivalent to USD 0.5 billion.”

On December 21, Russian Prime Minister Mikhail Mishustin signed an agreement on the allocation of a $ 1 billion loan to Belarus, which is planned to be issued in two tranches: in 2020 and 2021.

In mid-September 2020, during a meeting with Lukashenka, Vladimir Putin promised to give Belarus a loan of $ 1.5 billion.

 

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