of July 24, 2015
About provision to the Government of the Republic of Belarus of the public financial loan
The government of the Republic of Belarus and the Government of the Russian Federation which further are referred to as with the Parties for the purpose of further strengthening of friendship between two states agreed as follows:
The Russian side provides to the Belarusian Side in 2015 the public financial loan in the amount of 760 (seven hundred sixty) million US dollars (further – the credit). Means of the credit are provided in Russian rubles at the Central Bank rate of the Russian Federation for signature date of this agreement on the purpose of repayment and servicing in 2015 of public debt of the Republic of Belarus in front of the Russian Federation and Eurasian fund of stabilization and development (the former name – Anti-recessionary fund of Eurasian economic community). Account of debt on the credit is kept in US dollars.
The loan is granted on condition of accomplishment of obligations by the Belarusian Side on interest payment and repayment of principal debt on the public credits, and also the credits obtained by the Belarusian Side from Eurasian fund of stabilization and development which are earlier granted by the Russian Side.
Means of the credit are transfered by the Russian Side to account of the Ministry of Finance of the Republic of Belarus in National Bank of the Republic of Belarus no later than 15 calendar days from the date of the introduction of this agreement in force, but not earlier than signature date of the agreement on accounting treatment and calculations signed according to Item 1 of Article 8 of this agreement
Date of use of the credit date of transfer of borrowing facilities on correspondent account of National Bank of the Republic of Belarus is considered.
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