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RESOLUTION OF COUNCIL OF MINISTERS OF THE REPUBLIC OF BELARUS

of February 11, 2004 No. 152

About investing activities in the Republic of Belarus in 2004

(In edition of Resolutions of Council of Ministers of the Republic of Belarus of 22.09.2004 No. 1184, 24.12.2004 No. 1638)

For the purpose of accomplishment of the forecast indicator on use of investments into fixed capital established by the Presidential decree of the Republic of Belarus of December 4, 2003 No. 555 "About approval of the major parameters of the forecast of social and economic development of the Republic of Belarus for 2004" the Council of Ministers of the Republic of Belarus DECIDES:

1. Approve enclosed:

growth rates and the volumes of investment into fixed capital for 2004;

amounts of the long-term (investment) loans in real production sector for 2004;

the list of the major investment projects provided to realization in 2004.

2. To heads of administrations of SEZ to provide to heads of republican state bodies, other state organizations subordinated to the Government of the Republic of Belarus, regional executive committees and Minsk Gorispolkom:

under the personal liability unconditional accomplishment of the tasks finished according to this resolution on growth rates of investments into fixed capital and implementation of investment projects;

with involvement of banks timely preparation of reasons for the major investment projects provided to realization in 2004;

quarterly submission to the Ministry of Economics to the 16th following reporting quarter, information on task performance on growth rates of investments into fixed capital and the course of implementation of investment projects.

3. Recommend to banks:

3.1. send in 2004 to real production sector the long-term (investment) loans on the amount to 1500 billion rubles, including in foreign currency due to attraction of foreign credit resources on the amount equivalent to 690 billion rubles, including:

to banks, authorized to service state programs, on the amount of 1350 billion rubles, including in foreign currency due to attraction of foreign credit resources on the amount equivalent to 552 billion rubles;

to other banks on the amount of 150 billion rubles, including in foreign currency due to attraction of foreign credit resources on the amount equivalent to 138 billion rubles;

3.2. render assistance interested in preparation of reasons for the major investment projects provided to realization in 2004.

4. Ask National Bank quarterly to the 26th following reporting, inform Council of Ministers of the Republic of Belarus on amounts of the long-term (investment) loans issued by banks.

5. To impose control over the implementation of this resolution on the Deputy prime minister of the Republic of Belarus Kobyakov A. V. and Minister of Economic Affairs Zaychenko N. P.

 

Prime Minister of the Republic of Belarus S. Sidorsky

Approved by the Resolution of Council of Ministers of the Republic of Belarus 11.02.2004 No. 152

Growth rates and the volumes of investment * in fixed capital for 2004

______________________________

* Volume indicators are settlement and can be adjusted in case of change of price increasing index in construction.

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