BELARUS NEWS AND ANALYSIS

DATE:

07/03/2009

Russia to disburse USD 500 mln tranche to Belarus

MOSCOW, March 7 (Itar-Tass) -- Russia will disburse a new 500 million U.S. dollar tranche of a two billion U.S. dollar loan to Belarus under the agreement reached by Moscow and Minsk in November 2008.

The agreement was signed by Russian Vice Prime Minister and Finance Minister Alexei Kudrin and his Belarusian counterpart Andrei Kharkovsky, a Foreign Ministry official told Itar-Tass on Saturday.

One billion U.S. dollars from the stabilisation loan to Belarus were disbursed in November of last year.

Under the inter-governmental agreement, the remaining tranche of 500 million U.S. dollars will be made available to Minsk before the end of this year.

Source:

http://www.itar-tass.com/eng/level2.html?NewsID=13656251&PageNum=0

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