BELARUS NEWS AND ANALYSIS

DATE:

20/03/2009

Russia will transfer $500 Mln to Belarus after budget review - Kudrin

MINSK. March 20 (Interfax) - Russia will soon disburse another tranche of $500 million out of its $2 billion stabilization loan granted for a period of 2008-2009, said Russia's Deputy Prime Minister and Finance Minister Alexei Kudrin.

"Soon we will allocate another $500 million after reviewing our budget," said Kudrin, opening a joint session of the Belarusian and Russian Finance Ministry collegiums in Minsk on Friday.

Other sources of helping Belarus are also being discussed, he said.

Over the last eighteen months the amount of credit resources granted to Belarus by Russia totaled $3 billion, including $1.5 billion in late 2007, and another $1.5 billion in two tranches in late 2008 and March 2009, the Russian finance minister recalled.

The source of these funds is the reserve fund that Russia created earlier, Kudrin said.

Source:

http://www.interfax.com/3/480713/news.aspx

Latest News

Archive

Month, Year May, 2009April, 2009March, 2009February, 2009January, 2009December, 2008November, 2008October, 2008September, 2008August, 2008July, 2008June, 2008May, 2008April, 2008March, 2008February, 2008 January, 2008 December, 2007 November, 2007 October, 2007 September, 2007 August, 2007 July, 2007 June, 2007 May, 2007 April, 2007 March, 2007 February, 2007 January, 2007 December, 2006 November, 2006 October, 2006 September, 2006 August, 2006 July, 2006 June, 2006 May, 2006 April, 2006 March, 2006 February, 2006 January, 2006 December, 2005 November, 2005 October, 2005 September, 2005 August, 2005 July, 2005 June 2005 May 2005 April 2005 March 2005 February 2005

Subscribe Daily Newsletter:

Enter your Email


Powered by FeedBlitz

Belarus News and Analysis Donate: