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RESOLUTION OF COUNCIL OF MINISTERS OF THE REPUBLIC OF BELARUS

of June 15, 2022 No. 388

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

Based on the Presidential decree 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 paragraphs of the twentieth and twenty first subitem 2.10 of Item 2 of the Presidential decree of the Republic of Belarus 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 in accordance with the established procedure guarantees of the Government of the Republic of Belarus:

to open joint stock company "Belarusbank savings bank in repayment of principal debt on the credit to the amount to 43 345 406, the 25th US dollar issued for the term of 30 December of 2023 inclusive for debt repayment on the main amount of debt on the credit issued by this bank to "Belarusian National Biotechnological Corporation" private company according to the credit agreement of July 29, 2021 No. 0800270721;

to joint Belarusian-Russian open joint stock company "Belgazprombank" in repayment of principal debt on the credit in Russian rubles in the amount, equivalent 38 168 006, the 58th US dollar issued for the term of 30 January of 2023 inclusive for debt repayment on the main amount of debt on the credit issued by this bank to "Belarusian National Biotechnological Corporation" private company according to the credit agreement of July 30, 2021 No. 00K21-062NL-USD.

In case of issue of guarantee of the Government of the Republic of Belarus according to the paragraph third parts one of this Item the debt on the main amount of debt on the credit in Russian rubles is determined by the rate of Russian ruble and US dollar established by National Bank for date of the conclusion of the credit agreement.

The payment for provision of guarantees for the Government of the Republic of Belarus is made one-timely in the amount of percent 0,01 from the amount of the credits.

2. To the Ministry of Finance to draw up in accordance with the established procedure the guarantees of the Government of the Republic of Belarus specified in part one of Item 1 of this resolution.

3. This resolution becomes effective after its official publication.

Prime Minister of the Republic of Belarus

R. Golovchenko

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