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RESOLUTION OF COUNCIL OF MINISTERS OF THE REPUBLIC OF BELARUS

of February 15, 2021 No. 84

About compensation of losses, compensation and interest payment on the credits

According to the Law of the Republic of Belarus of December 29, 2020 No. 73-Z "About the republican budget for 2021", subitems 7.2 and 7.5 of Item 7 of the Presidential decree of the Republic of Belarus of December 20, 2010 No. 663 "About some questions of republican unitary production trade enterprise "Orshansky Flax Processing Business", the paragraph third subitem 8.2 of Item 8 of the Presidential decree of the Republic of Belarus of April 25, 2012 No. 205 "About some questions of "Baranovichi Production Cotton Association" open joint stock company and the paragraph the second subitem 7.2 of Item 7 of the Presidential decree of the Republic of Belarus of November 14, 2013 No. 510 "About some questions of activities of the open joint stock company "Kamvol" Council of Ministers of the Republic of Belarus DECIDES:

1. In 2021 at the expense of means of the republican budget:

1.1. compensate to open joint stock company "Belarusbank savings bank of loss from the loan granting issued to republican unitary production trade enterprise "Orshansky Flax Processing Business" (further - RUPTP "Orshansky flax processing business") on construction of office housing for his workers according to Item 5 of the Presidential decree of the Republic of Belarus of December 20, 2010 No. 663, in the amount of difference between the refunding rate of National Bank operating for date of compensation increased no more than by 3 percent points of margin and the rate on the credit established in the amount of 5 annual interest rates;

1.2. provided on other questions in the field of the industry, constructions and architecture:

compensate RUPTP "Orshansky flax processing business" percent on the credit received in the amount of 51 834 700 US dollars according to the Credit agreement on provision of the soft consumer credit for project implementation "Upgrade of RUPTP "Orshansky flax processing business" with expansion of production on Ulitsa Molodezhnaya, 3, in Orsha. The second stage of upgrade" between the Government of the Republic of Belarus on behalf of the Ministry of Finance and Export-import Bank of China of December 30, 2015, in the amount of 100 percent of rate on the credit.

To make compensation of percent in Belarusian rubles on the official rate of National Bank for date of their compensation.

The received funds in 2021 are allocated by RUPTP "Orshansky flax processing business" for replenishment of current assets;

to monthly perform payment to open joint stock company "Belarusbank savings bank:

parts of percent on the credits issued to "Baranovichi Production Cotton Association" open joint stock company according to subitem 4.1 of item 4 of the Presidential decree of the Republic of Belarus of April 25, 2012 No. 205, in the amount of 50 percent of rate on the credits;

100 percent of rate on the credits issued to Kamvol open joint stock company according to Item 3 of the Presidential decree of the Republic of Belarus of November 14, 2013 No. 510.

2. Provide to the Ministry of Finance in 2021 compensation of losses, compensation and interest payment (part of percent) on the credits according to Item 1 of this resolution within the means of the republican budget provided on these purposes in 2021.

3. Conditions of rendering the state support provided in subitem 1.2 of Item 1 of this resolution, and also person on whom the personal responsibility for their accomplishment is conferred are determined respectively in Items 9 and 10 of the Presidential decree of the Republic of Belarus of December 20, 2010 No. 663, subitem 6.2 of Item 6 and Item 7 of the Presidential decree of the Republic of Belarus of April 25, 2012 No. 205, subitem 4.4 of item 4 and Item 9 of the Presidential decree of the Republic of Belarus of November 14, 2013 No. 510.

4. To impose control over the implementation of this resolution on the Belarusian state concern on production and sales of goods of light industry.

5. This resolution becomes effective from the date of its acceptance.

Prime Minister of the Republic of Belarus

R. Golovchenko

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

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