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RESOLUTION OF COUNCIL OF MINISTERS OF THE REPUBLIC OF BELARUS

of September 4, 2015 No. 746

About provision of a guarantee for the Government of the Republic of Belarus in loan repayment

(as amended of the Resolution of Council of Ministers of the Republic of Belarus of 13.10.2015 No. 849)

According to the Law of the Republic of Belarus of December 30, 2014 "About the republican budget for 2015" and the Presidential decree of the Republic of Belarus of June 30, 2008 No. 359 "About some questions of provision of guarantees for the Government of the Republic of Belarus on the credits issued by banks of the Republic of Belarus" Council of Ministers of the Republic of Belarus DECIDES:

1. Provide in 2015 to open joint stock company "The Belarusian development bank and reconstruction Belinvestbank guarantee of the Government of the Republic of Belarus in repayment of principal debt and interest payment for use of the credit issued by this bank to the republican trade unitary enterprise "Belarusian Forest Company" on replenishment of current assets in the form of renewable credit line with extreme size of one-time debt in the amount of 4 million euros, 2016 of return of 31 August and collection of interests on credit in the amount of annual interest rate 10,5.

2. Determine that the payment for provision of a guarantee for the Government of the Republic of Belarus according to Item 1 of this resolution is made one-timely in the amount of percent 0,01 from credit amount.

3. To the Ministry of Finance to draw up in accordance with the established procedure the guarantee of the Government of the Republic of Belarus provided according to Item 1 of this resolution after the conclusion of the credit agreement.

4. Confer the personal responsibility for timely loan repayment, this resolution specified in Item 1, and interest payment for use of this credit for the director of the republican trade unitary enterprise "Belarusian Forest Company".

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

Prime Minister of the Republic of Belarus

A. Kobyakov

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