Belarus plans to get other part of Russian loan in February 2009, vice-premier says

Other News Materials 17 November 2008 16:04 (UTC +04:00)

The Belarusian side plans to receive the other part of the Russian loan in February 2009, Vice Premier of Belarus Andrei Kobyakov told reporters in London on November 17.

In his words, that goes in line with the agreement signed with the Russian Federation on issuing a $2 billion state loan to Belarus.

BelTA has earlier informed that Russia's state loan will be extended to Belarus for 15 years at LIBOR+3% with a five-year deferment on the principal debt. The first part of the loan ($1 billion) will be given in 2008.