Updated at 11:59,19-05-2018

Russia allocates $760 million credit to Belarus


This is a 10-year credit a with 4-year beneficial period.

The Russian state credit arrived at the account of the Belarusian Ministry of Finance on July 28, BELTA reports. The interstate credit agreement was signed in Moscow on July 24. Belarus will get $760 million for 10 years with a 4-year beneficial period.

The credit will be used to pay the debt for the credits Belarus received from Russia and the Eurasian Fund for Stabilization and Development in the past. Russia has already allocated 110 million dollars to our country this year. The money was used to pay the debt for the credit received in 2010.