BELARUS NEWS AND ANALYSIS

DATE:

12/03/2009

Belarus gets another tranche from Russia

RBC, 12.03.2009, Moscow 17:23:06.Belarus's Finance Ministry has received another $500m tranche from Russia on its account with the National Bank. The tranche will be added to the country's gold and foreign exchange reserves, a source in the bank said.

As reported earlier, Prime Minister of Russia Vladimir Putin announced on March 5 that he had approved a $500m loan for Belarus and requested that the Finance Ministry waste no time in disbursing the sum. The loan is extended under a memorandum on understanding aimed at enhancing the competitiveness of national economies that dates back to November 2008.

Source:

http://www.rbcnews.com/free/20090312172306.shtml

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