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RESOLUTION OF COUNCIL OF MINISTERS OF THE REPUBLIC OF BELARUS

of February 23, 2022 No. 101

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

In pursuance of the Law of the Republic of Belarus of December 31, 2021 No. 142-Z "About the republican budget for 2022", 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 of 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, subitem 13.2 of Item 13 of the Presidential decree of the Republic of Belarus of October 14, 2013 No. 467 "About measures for development of tanning and fur production and production of footwear" and paragraph two of 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 2022 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;

compensate to limited liability company "Managing company of holding "The Belarusian tanning and shoe company "Marko" (further - managing company) part of interest for using the bank loans issued by Belagroprombank open joint stock company according to Item 6 of the Presidential decree of the Republic of Belarus of October 14, 2013 to No. 467 for implementation of the investment project "Creation and Upgrade of Production Capacities on Release of Footwear to 5 Million Couples a Year and Reconstruction of Fur Plant" taking into account creation of "The Belarusian Tanning and Shoe Company "Marko" for 2013-2024" holding under agreements according to appendix in the amount of the rate on the credits reduced by 2 percent points.

Compensation of percent is made in Belarusian rubles on the official rate of National Bank for date of their compensation.

The received money in 2022 is allocated by RUPTP "Orshansky flax processing business" and managing company 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. At the same time payment of part of percent is performed irrespective of provision of delays (payments by installments) of return (repayment) of the amounts of principal debt on the credits without change of their final repayment period;

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 2022 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 2022.

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, Items 8 and 14 of the Presidential decree of the Republic of Belarus of October 14, 2013 No. 467, 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

Appendix

to the Resolution of Council of Ministers of the Republic of Belarus of February 23, 2022 No. 101

The list of credit agreements according to which managing company compensation of part of interest for using bank loans is performed

Date of the credit agreement

Number of the credit agreement

Of  October 4, 2016.

500

Of  December 26, 2016.

549

Of  March 23, 2017.

66

Of  April 14, 2017.

111

Of  April 14, 2017.

114

Of  April 14, 2017.

122

Of  April 14, 2017.

125

Of  April 14, 2017.

127

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