Document from CIS Legislation database © 2003-2020 SojuzPravoInform LLC

RESOLUTION OF COUNCIL OF MINISTERS OF THE REPUBLIC OF BELARUS

of December 28, 2019 No. 934

About crediting of state programs and actions in 2020

For the purpose of optimization of crediting of state programs and actions by banks and the open joint stock company "Development Bank of the Republic of Belarus" Council of Ministers of the Republic of Belarus DECIDES:

1. Approve:

the general directions and limits of directive crediting * state programs and actions in 2020 (are applied);

______________________________

* For the purposes of this resolution directive crediting is understood as the crediting performed:

"Development Bank of the Republic of Belarus" open joint stock company, except for the loans granted at the expense of the funds raised within international treaties, and also resources provided by international financial institutions of the export loans granted on the terms of the Presidential decree of the Republic of Belarus of August 25, 2006 to No. 534 "About assistance to commodity export development (works, services)", financing of activities of subjects of small and medium business in which authorized funds the share of the Republic of Belarus or its administrative and territorial units does not exceed 25 percent, on the conditions determined by Council of Ministers of the Republic of Belarus, the loans granted for projects implementation of public-private partnership, and also the loans granted to the organizations for projects implementation, directed to creation and development of engineering, social and transport infrastructure;

banks of the Republic of Belarus under condition:

compensations from means republican and (or) local budgets of losses of bank from loan granting on favorable terms;

compensations (payment) to legal entities from means republican and (or) local budgets of interest for using bank loans or their part;

purpose-oriented crediting at the expense of temporarily available funds of the republican budget, and also means of state non-budgetary funds placed in bank deposit (deposit);

provisions of guarantees for the Government of the Republic of Belarus, local executive and administrative organs on the credits issued by banks of the Republic of Belarus according to regulatory legal acts;

determinations by the decision of the President of the Republic of Belarus and (or) the Government of the Republic of Belarus of the specific borrower, except for the loans granted by banks at the expense of the funds raised within international treaties, and also resources provided by international financial institutions.

the directions and limits of directive crediting * state programs and actions (are applied) by banks and "Development Bank of the Republic of Belarus" open joint stock company in 2020.

2. Offer:

2.1. to ASB Belarusbank, Belagroprombank and Development Bank of the Republic of Belarus open joint stock companies in 2020:

perform directive financing, including financing of housing construction according to the legislation, and also crediting of the organizations finishing construction (including reconstruction) objects within state programs and actions **, in the presence of resources according to the directions and limits of directive crediting of state programs and actions by the banks and "Development Bank of the Republic of Belarus" open joint stock company in 2020 approved by this resolution;

monthly to the 10th following reporting to provide in the Ministry of Economics information on the size of the credit debt created within state programs and actions and also on the crediting course according to the directions and limits of directive crediting of state programs and actions by the banks and "Development Bank of the Republic of Belarus" open joint stock company in 2020 approved by this resolution;

______________________________

* For the purposes of this resolution limits of directive crediting are understood as the maximum amounts of provision of the directive credits, including provision of the directive credits on renewable credit lines.

** For the purposes of this resolution the organizations finishing construction (including reconstruction) objects within state programs and actions, are understood as the Republic of Belarus included in resolutions of Council of Ministers of February 7, 2015 No. 76 "About financing of state programs and actions in 2015", of February 8, 2016 No. 103 "About crediting of state programs and actions in 2016", of December 29, 2016 No. 1102 "About crediting of state programs and actions in 2017", of December 29, 2017 No. 1046 "About crediting of state programs and actions in 2018", of December 28, 2018 No. 969 "About crediting of state programs and actions in 2019" the organizations according to which investment projects authorized bodies of banks make decisions on crediting.

2.2. to ASB Belarusbank and Belagroprombank open joint stock companies to allocate the money including arriving on account of repayment of the granted bank loans within state programs and actions on:

directive crediting according to the paragraph the second subitem 2.1 of this Item;

bond purchase of "Development Bank of the Republic of Belarus" open joint stock company.

3. To provide to the republican state bodies and other state organizations subordinated to the Government of the Republic of Belarus, regional executive committees and the Minsk Gorispolkom coordination with banks and "Development Bank of the Republic of Belarus" open joint stock company of the offers on redistribution made in the Ministry of Economics of limits of directive crediting between them.

4. Determine that:

4.1. crediting in the amounts exceeding limits of directive crediting and in the directions of directive crediting which are not provided by this resolution is performed without rendering the state support if other is not established by legal acts;

4.2. provision of delays (payments by installments) of return (repayment) of the amounts of principal debt on the loans granted by banks, "Development Bank of the Republic of Belarus" open joint stock company within directive crediting is performed without compensation (payment) of interest for using bank loans (compensation of losses of banks) on outstanding amount on the credits which terms of return were prolonged, except as specified provisions of delays (payments by installments) within the current calendar year and also if other is not provided by decisions of the President of the Republic of Belarus and (or) the Government of the Republic of Belarus.

Warning!!!

This is not a full text of document! Document shown in Demo mode!

If you have active License, please Login, or get License for Full Access.

With Full access you can get: full text of document, original text of document in Russian, attachments (if exist) and see History and Statistics of your work.

Get License for Full Access Now

Disclaimer! This text was translated by AI translator and is not a valid juridical document. No warranty. No claim. More info

Effectively work with search system

Database include more 40000 documents. You can find needed documents using search system. For effective work you can mix any on documents parameters: country, documents type, date range, teams or tags.
More about search system

Get help

If you cannot find the required document, or you do not know where to begin, go to Help section.

In this section, we’ve tried to describe in detail the features and capabilities of the system, as well as the most effective techniques for working with the database.

You also may open the section Frequently asked questions. This section provides answers to questions set by users.

Search engine created by SojuzPravoInform LLC. UI/UX design by Intelliants.