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RESOLUTION OF COUNCIL OF MINISTERS OF THE REPUBLIC OF BELARUS

of March 3, 2022 No. 119

About provision of subsidies

Based on Item 13 of the Regulations on procedure for debt restructuring on the credits, the provision of guarantees and subsidies, compensation of losses on the credits approved by the Presidential decree of the Republic of Belarus of February 25, 2020 No. 70, Council of Ministers of the Republic of Belarus DECIDES:

1. Provide in 2022 from the means of the republican budget provided on other questions in the field of agricultural industry within the amounts approved by the Law of the Republic of Belarus of December 31, 2021 No. 142-Z "About the republican budget for 2022", subsidies for payment of part of interest for using the bank loans issued on the current activities and issued for financing of the current activities within repayment sums of debt on earlier loans, but no more total amounts of the debt on such credits formed for February 27, 2020 (further - subsidies), to the organizations of agro-industrial complex according to appendix in the following sizes:

on the loans granted in Belarusian rubles - in the amount of 30 percent of the refunding rate of National Bank operating (taking into account its change) in the corresponding period of charge of percent;

on the loans granted in foreign currency - in the amount of 30 percent of rate on the credit, but no more 2,5 of annual interest rate with payment of subsidies in Belarusian rubles on the official rate of National Bank established on the date of transfer of subsidies.

Subsidies are not provided for interest payment, added on the amount of the overdue and (or) deferred (spread) debt on principal debt on the credits, except for the deferred (spread) debt according to Items 2 and 4 of the Regulations on procedure for debt restructuring on the credits, provision of guarantees and subsidies, to compensation of losses on the credits.

2. This resolution becomes effective after its official publication and extends the action to the relations which arose since January 1, 2022.

Prime Minister of the Republic of Belarus

R. Golovchenko

Appendix

to the Resolution of Council of Ministers of the Republic of Belarus of March 3, 2022 No. 119

The list of the organizations of agro-industrial complex to which subsidies are provided

Name of the organization

Name of the creditor

The credits for   February 27, 2020.

The credits for   January 1, 2022 *

Limit of issuance of credits     from January 1 to December 31, 2022 ( including according to new credit agreements) within repayment sums of debt on earlier loans **

date and number of the credit agreement

debt remaining balance

loan repayment period

date and number of the credit agreement

debt remaining balance

loan repayment period

1. JSC Verkhnedvinsky Creamery

 JSC Belagroprombank

of  April 30, 2019 No. 2038190024

  1 028 683 rubles

  March 31, 2020.

 

 

 

 

 103 276 euros

 

 

 

 

 

 

of  July 31, 2019 No. 2038190026

  1 450 000 rubles

  June 30, 2022.

of  July 31, 2019 No. 2038190026

  1 359 000 rubles

  June 30, 2022.

 

 

 

of  August 29, 2019 No. 2038190029

 800 000 rubles

  May 31, 2020.

 

 

 

 

 

 

687 424, 57th US dollar

 

 

 

 

 

 

of  September 26, 2019 No. 2038190031

  157 546 950 Russian rubles

  August 31, 2022.

of  September 26, 2019 No. 2038190031

  157 546 950 Russian rubles

  August 31, 2022.

 

 

 

of  November 29, 2019 No. 2038190036

 800 000 rubles

  July 31, 2020.

 

 

 

 

 

 

of  November 29, 2019 No. 2038190037

  6 195 200 rubles

  October 31, 2022.

of  November 29, 2019 No. 2038190037

  6 314 000 rubles

  October 31, 2022.

 

 

 

of  December 27, 2019 No. 2038190044

  2 306 000 rubles

  November 30, 2020.

 

 

 

 

 

 

 693 407 euros

 

 

 

 

 

 

 

 

 

of  March 31, 2020 No. 2038200006

  1 824 000 rubles

  March 30, 2023.

 

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