RESOLUTION OF COUNCIL OF MINISTERS OF THE REPUBLIC OF BELARUS

of February 28, 2024 No. 131

About measures for implementation of the Presidential decree of the Republic of Belarus of July 31, 2023 No. 241

In pursuance of paragraph two of Item 2 of the Presidential decree of the Republic of Belarus of July 31, 2023 "About change of presidential decrees of the Republic of Belarus" the Council of Ministers of the Republic of Belarus DECIDES: No. 241

1. Approve Regulations on procedure of financial and economic assessment, determinations of structure of financing, monitoring and maintenance of implementation of investment projects it (is applied).

2. Make changes to resolutions of Council of Ministers of the Republic of Belarus according to appendix.

3. This resolution becomes effective in month after its official publication.

Appendix

to the Resolution of Council of Ministers of the Republic of Belarus of February 28, 2024 No. 131

The changes made to resolutions of Council of Ministers of the Republic of Belarus

1. In Regulations on the procedure for the organization of development, approval and consideration of business plans of investment projects, and also conducting examination of investment projects approved by the resolution of Council of Ministers of the Republic of Belarus of May 26, 2014 No. 506:

in Item 2:

to exclude the word "state" from the paragraph of the fifth;

to add the paragraph of the eighth after words of "local examinations" with words "and taking into account the financial and economic assessment of investment projects performed by JSC Development Bank Republic of Belarus (further - Development bank), determinations of structure of their financing according to the procedure, determined by Council of Ministers of the Republic of Belarus (further - financial and economic assessment and structuring financing),";

add Item 3 with subitems 3.1 and 3.2 of the following content:

"3.1. provision of the budget loans;

3.2. provision of the subsidies provided in the paragraph the second part one of Item 1 of the Presidential decree of the Republic of Belarus of August 30, 2021 No. 327 "About development of pharmaceutical industry";";

part the second Item 8 after words "local examination to governing body," to add with words to "Development bank for carrying out financial and economic assessment and structuring financing";

the paragraph one of Item 12 after the words "in Item 11 of this provision" to add with words "the conclusion of Development bank by results of financial and economic assessment and structuring financing";

third subitem 16.3 of Item 16 to state the paragraph in the following edition:

"in the cases established by the legislation - the Ministries of Finance, the State advisory council created by the State committee on science and technologies, the loan provider (creditor), and also the conclusion of Development bank by results of financial and economic assessment and structuring financing;";

in subitem 20.3 of Item 20:

add paragraph two with the words "and the conclusions of Development bank by results of financial and economic assessment and structuring financing";

word in paragraph three of "the conclusion of governing body" shall be replaced with words "the conclusions of governing body and Development bank by results of financial and economic assessment and structuring financing";

the fourth after words of "Ministry of Finance" to add the paragraph with words ", Development bank by results of financial and economic assessment and structuring financing";

to add paragraphs of the fifth and sixth with the words "and Development bank by results of financial and economic assessment and structuring financing";

in Item 21:

to add part one paragraph two after words of "local examinations" with the words "and (or) the conclusions of Development bank by results of financial and economic assessment and structuring financing";

third parts two to add the paragraph with words "if before conducting complex examination by Council of Ministers of the Republic of Belarus according to the petition of governing body taking into account social and economic effect of the investment project for development of the region and (or) industry other is not established".

2. In Regulations on procedure for carrying out open competitive selection of projects (actions) financed by means of republican centralized innovative fund, No. 14 approved by the resolution of Council of Ministers of the Republic of Belarus of January 10, 2017:

in the paragraph the second Item 7:

add the paragraph with words ", the conclusion of JSC Development Bank Republic of Belarus (further - Development bank) *";

add the paragraph with the interlinear note of the following content:

"______________________________

* The conclusion of Development bank is provided according to the procedure, stipulated by the legislation for implementation of financial and economic assessment, determination of structure of financing of investment projects and it is not required in case of lack of the positive conclusion of the state scientific and technical examination.";

to add Item 9 after part three with part of the following content:

"On the projects which are carried out within the state program in case of the positive conclusion of the state scientific and technical examination of GKNT within five working days from the date of receipt of the conclusion of Development bank directs materials on these projects, including the conclusions, to consideration of the contest committee.".

Approved by the Resolution of Council of Ministers of the Republic of Belarus of February 28, 2024 No. 131

Regulations on procedure of financial and economic assessment, determination of structure of financing, monitoring and maintenance of implementation of investment projects

Chapter 1. General provisions

1. This Provision determines procedure by "Development Bank of the Republic of Belarus" open joint stock company (further - Development bank):

financial and economic assessment of investment projects (further, unless otherwise specified, - financial and economic assessment), including procedure for financial and economic assessment of investment projects at business idea stage (further - business idea assessment);

determinations of structure of financing of investment projects (further - structuring financing);

monitoring of implementation of investment projects;

maintenances of implementation of investment projects.

2. For the purposes of this provision the following terms and their determinations are used:

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