25.10.2019, 11:40
Minsk Didn't See the Need for a Russian Loan of $ 600 Million
Source: OREANDA-NEWS
OREANDA-NEWS. Minsk no longer asks for a state loan of $ 600 million from Moscow. The head of the Ministry of Finance of Belarus, Maxim Yermolovich, told reporters about this, the Russian news agency reports. According to him, the Belarusian side doesn't consider the loan of the Russian government as a source of financing, and does not conduct negotiations on this matter. “We did not provide requests to the Russian side. We do not expect to receive a Russian loan”, the minister said.
He added that “there is absolutely no need for any political loans”, since Belarus is provided with sources of financing this year and “there is a clear understanding of these sources for 2020”. In particular, Yermolovich said, before the end of this year, the country expects to receive a loan of approximately $ 500 million from China, Russian media reports.
It was previously reported that Russia has developed a whole range of engines with power from 8 to 25 thousand horsepower for warships, so Russian manufacturers are no longer dependent on Belarusian engines.
He added that “there is absolutely no need for any political loans”, since Belarus is provided with sources of financing this year and “there is a clear understanding of these sources for 2020”. In particular, Yermolovich said, before the end of this year, the country expects to receive a loan of approximately $ 500 million from China, Russian media reports.
It was previously reported that Russia has developed a whole range of engines with power from 8 to 25 thousand horsepower for warships, so Russian manufacturers are no longer dependent on Belarusian engines.
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