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RESOLUTION OF COUNCIL OF MINISTERS OF THE REPUBLIC OF BELARUS

of September 23, 2015 No. 793

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

According to presidential decrees of the Republic of Belarus of June 3, 2008 "About some questions of development of construction industry" and 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: No. 291

1. Provide in 2015 to BPS-Sberbank open joint stock company guarantee of the Government of the Republic of Belarus in repayment of principal debt by "Horyn Plant of Construction Materials" open joint stock company in the amount of 5 738 240 245 rubles on the credit issued by this bank for implementation of the investment project ""Minsk Plant of Construction Materials" Branch - the Horyn plant of construction materials. Upgrade of the operating production. Upgrade of massopodgotovitelny department", with return term till June 29, 2018 according to the credit agreement of December 24, 2010 No. 358-00744/10 with charge of interest for using this credit in the amount of the refunding rate of National Bank increased by margin in the amount of 3 annual interest rates and also in repayment of interest for using this credit.

2. To the Ministry of Finance to draw up in accordance with the established procedure the guarantee of the Government of the Republic of Belarus specified in Item 1 of this resolution, having withdrawn if necessary the guarantee of the Government of the Republic of Belarus provided to Belpromstroybank open joint stock company in loan repayment, issued to "Minsk Plant of Construction Materials" open joint stock company according to Item 1 of the resolution of Council of Ministers of the Republic of Belarus of October 26, 2010 No. 1569 "About some questions of financing of separate investment projects" (The national register of legal acts of the Republic of Belarus, 2010, No. 261, 5/32737).

3. This resolution becomes effective after its official publication.

Prime Minister of the Republic of Belarus

A. Kobyakov

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