PRESIDENTIAL DECREE OF THE REPUBLIC OF BELARUS

of July 9, 2007 No. 313

About some questions of construction, reconstruction, technical retrofitting and repair of production objects of agro-industrial complex

For the purpose of financing of construction, reconstruction, technical retrofitting, major and running repair of production objects of agro-industrial complex I decide:

1. Offer banks according to appendix in 2007-2008 to issue for a period of 5 years to the organizations for the lists determined by regional executive committees, the credits in Belarusian rubles and foreign currency for the total amount of 680 billion rubles for construction, reconstruction, technical retrofitting, major and running repair of production objects of agro-industrial complex with collection of interest for using by them in Belarusian rubles in the amount of the refunding rate of National Bank increased no more than by 3 percent points of margin in foreign currency in the amount of no more than 12 annual interest rates. At the same time foreign currency loans are issued on acquisition of the import equipment used for the purposes specified in this part.

Percent on the loans granted according to part one of this Item are paid:

in the amount of half of the refunding rate of National Bank increased no more than by 3 percent points of margin, the organizations which obtained such credits in Belarusian rubles and in the amount of half of rate on the credit - the organizations which obtained these foreign currency loans;

in the amount of half of refunding rate National bankapo to the credits issued in Belarusian rubles and in the amount of half of rate - on the credits issued in foreign currency. Percent on these credits are paid for the account of means of republican fund of support of producers of agricultural products, the food and agrarian science provided on compensation of losses of banks in connection with issue of soft credits to the organizations of agro-industrial complex, incentivization of percent on the credits obtained by these organizations.

Guarantees are provided to the banks performing issuance of credits according to part one of this Item:

The governments of the Republic of Belarus - in repayment of the credits issued to the organizations which property is in republican property and which share (share) in authorized fund belong to the Republic of Belarus (irrespective of finding of shares (shares) of such legal entities also in utility property), provided to the unitary enterprises which founders are open joint stock companies from shares of republican property in authorized funds;

local executive and administrative organs - in repayment of the credits issued to the organizations which property is in utility property and which share (share) in authorized fund belong to administrative and territorial units, and also the organizations which property is in private property, located in the territory of the corresponding administrative and territorial units.

2. Determine that guarantees of the Government of the Republic of Belarus, local executive and administrative organs are provided according to part three of Item 1 of this Decree to the organizations without their tax debt, to charges (duties), other obligatory payments in the budget (including in the state trust budget funds and Social Security Fund of the population of the Ministry of Labour and Social Protection), in state non-budgetary funds, on budget loans, loans (including prolonged), and also overdue debt on the credits of banks (on principal debt and percent on it) including issued under guarantees of the Government of the Republic of Belarus, local executive and administrative organs and also the organizations which did not fulfill the obligations on the performed guarantees of the Government of the Republic of Belarus, local executive and administrative organs.

3. Determine that:

3.1. condition of rendering to the organizations to which according to part one of Item 1 of this Decree the credits are issued of the state support provided in this Decree is accomplishment by them in 2007-2013 the main target indicators of the forecast of social and economic development of the Republic of Belarus for the corresponding financial year on growth rates of the volumes of production and profitability of goods sold finished in accordance with the established procedure;

3.2. the payment for provision of guarantees for the Government of the Republic of Belarus from the organizations, being loanees, issued according to part one of Item 1 of this Decree, is not levied.

4. Of the indicators called in Item 3 of this Decree to assign the personal responsibility for achievement by the organizations to which according to part one of Item 1 of this Decree the credits are issued, to the Deputy prime minister of the Republic of Belarus supervising questions of agro-industrial complex, the Minister of Agriculture and Food, chairmen of regional executive committees and heads of the organizations which according to this Decree are given the state support.

5. To Council of Ministers of the Republic of Belarus:

5.1. by preparation of the project of regulatory legal act about refining of the directions of use of means of republican fund of support of producers of agricultural products, food and agrarian science for 2007 to provide funds for interest payment on the credits according to the paragraph third parts two of Item 1 of this Decree;

5.2. when forming drafts of republican budgets for 2008-2013 to provide in the republican budget, including republican fund of support of producers of agricultural products, food and agrarian science, funds for interest payment for the credits according to the paragraph third parts two of Item 1 of this Decree;

5.3. together with National Bank, regional executive committees to take measures for implementation of this Decree.

6. To impose control over the implementation of this Decree on the State Control Committee.

7. This Decree becomes effective from the date of its signing.

Appendix

to the Presidential decree of the Republic of Belarus of July 9, 2007 No. 313

The list of banks which in 2007-2008 are offered to grant the loans to the organizations for construction, reconstruction, technical retrofitting, major and running repair of production objects of agro-industrial complex

+------------------------------+----------+-----------------------------------------------ї
|       Наименование банков    |Сумма кре-|В том числе по областям                        |
|                              |дитов -   +------+------+-------+--------+-------+--------+
|                              |всего,    |Брест-|Витеб-|Гомель-|Гроднен-|Минская|Могилев-|
|                              |млрд. руб.|ская  |ская  |ская   |ская    |       |ская    |
+------------------------------+----------+------+------+-------+--------+-------+--------+
|Открытое акционерное общество |          |      |      |       |        |       |        |
|"Белагропромбанк"             |    50    |  6   |   7  |    7  |    13  |    10 |    7   |
+------------------------------+----------+------+------+-------+--------+-------+--------+
|Открытое акционерное общество |          |      |      |       |        |       |        |
|"Белорусский  банк

Disclaimer! This text was translated by AI translator and is not a valid juridical document. No warranty. No claim. More info