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RESOLUTION OF COUNCIL OF MINISTERS OF THE REPUBLIC OF BELARUS

of March 27, 2015 No. 242

About compensation of losses to open joint stock company "Belarusbank savings bank from provision of export loan

According to 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 2015-2016 to open joint stock company "Belarusbank savings bank of loss from provision to open joint stock company "558 Aircraft repair plant" of export loan in the amount of 8 million US dollars for the production of goods (works, services) issued on commercially oriented interest rate (CIRRs) according to the credit agreement of January 29, 2015 to No. 8020341214, at the expense of the means of the republican budget provided in 2015 on other questions in the field of the industry, constructions and architecture and in 2016 - within the means provided on these purposes in the republican budget for this year on condition of insurance of export risk with support of the state.

2. To the Ministry of Finance:

sign the contract with open joint stock company "Belarusbank savings bank about compensation of losses to this joint-stock company from provision of the export loan specified in Item 1 of this resolution;

when forming the draft of the republican budget for 2016 to provide funds for compensation to open joint stock company "Belarusbank savings bank of losses from provision of export loan according to Item 1 of this resolution.

3. This resolution becomes effective from the date of its acceptance.

Prime Minister of the Republic of Belarus

A. Kobyakov

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