RESOLUTION OF COUNCIL OF MINISTERS OF THE REPUBLIC OF BELARUS

of March 24, 2022 No. 164

About provision of guarantees for the Government of the Republic of Belarus

Based on presidential decrees of the Republic of Belarus of June 30, 2008 "About some questions of provision of guarantees for the Government of the Republic of Belarus on the credits issued by banks of the Republic of Belarus" and of March 14, 2022 No. 93 "About additional measures for ensuring stable functioning of economy" the Council of Ministers of the Republic of Belarus DECIDES: No. 359

1. Provide in 2022 to open joint stock company "Belarusbank savings bank of guarantee of the Government of the Republic of Belarus in repayment of principal debt on the credits issued in 2022 for a period of up to one year according to the Presidential decree of the Republic of Belarus of March 4, 2019 to No. 97 "About purchase of products of crop production" to the organizations according to appendix for financing of purchase of products of crop production of harvest of 2022 delivered for republican state needs in the following procedure:

1.1. on credits to the amount of 50 000 thousand rubles of guarantee are provided no later than March 31, 2022;

1.2. on credits to the amount of 94 000 thousand rubles of guarantee are provided after April 1, 2022:

within the amounts of return (repayment) by these organizations of the credits determined by orders of the President of the Republic of Belarus of April 13, 2021 No. 70rp "About provision of guarantees for the Government of the Republic of Belarus" and of November 15, 2021 No. 241rp "About provision of guarantees";

taking into account obligation fulfillment on return of the credits according to part one of Item 3 of the order of the President of the Republic of Belarus of April 13, 2021 No. 70rp and part one of Item 3 of the order of the President of the Republic of Belarus of November 15, 2021 No. 241rp.

The payment for provision of guarantees is made in the amount of percent 0,01 from credit amount.

2. Obligation fulfillment on return (repayment) of the credits specified in part one of Item 1 of this resolution is performed at the expense of means of the organizations specified in appendix, and (or) the off-budget centralized investment fund of the Belarusian state concern of the food industry Belgospishcheprom provided in 2022-2023 on these purposes.

The amounts of the performed guarantees are subject to compensation in the republican budget at the expense of means of the organizations specified in appendix and (or) off-budget centralized investment fund of the Belarusian state concern of the food industry Belgospishcheprom.

3. Make changes to the resolution of Council of Ministers of the Republic of Belarus of February 18, 2022 No. 87 "About crediting of state programs and actions in 2022":

3.1. in the general directions and limits of directive crediting of the state programs and actions in  2022 approved by this resolution:

add the general directions and limits with item 4 of the following content:

line item

replace with line item

3.2. in the directions and limits of directive crediting of the state programs and actions by banks and "Development Bank of the Republic of Belarus" open joint stock company in  2022 approved by this resolution:

add the directions and limits with Item 2-1 of the following content:

line item

replace with line item

4. To the Ministry of Finance:

draw up in accordance with the established procedure  the guarantees of the Government of the Republic of Belarus specified in Item 1 of this resolution;

consider provisions of Item 1 of this resolution by preparation of the project of regulatory legal act on refining of separate indicators of the republican budget for  2022.

5. This resolution becomes effective after its official publication.

Appendix

to the Resolution of Council of Ministers of the Republic of Belarus of March 24, 2022 No. 164

The list of the organizations which in 2022 are granted the loans of JSC ASB Belarusbank under guarantees of the Government of the Republic of Belarus

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