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RESOLUTION OF COUNCIL OF MINISTERS OF THE REPUBLIC OF BELARUS

of November 10, 2022 No. 761

About compensation of losses

Based on the Presidential decree of the Republic of Belarus of August 25, 2006 "About assistance to commodity export development (works, services)" the Council of Ministers of the Republic of Belarus DECIDES: No. 534

1. Compensate in 2022-2023 to Belagroprombank open joint stock company of loss from implementation of financing of "Mogilev Plant of Lift Mechanical Engineering" open joint stock company under concession of monetary claim (factoring) under the general agreement of factoring of July 27, 2022 No. 6003220003 with extreme amount of financing in the amount of 200 000 000 Russian rubles for the exported goods (works, services) in case of implementation of export contracts and payment of remuneration in the form of the discount determined as the one three hundred sixtieth part from two third the key interest rate established by the Central bank of the Russian Federation (taking into account its change) at the expense of the means of the republican budget provided in 2022 on other questions in the field of the industry, constructions and architecture and in 2023 - within the means provided on these purposes in the republican budget for this year on condition of insurance of export risks or insurance of export risks with support of the state.

2. To the Ministry of Finance when forming the republican budget for 2023 to provide funds for compensation of losses to Belagroprombank open joint stock company from implementation of financing under concession of monetary claim (factoring) according to 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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