Belarus to Get First Tranche of Russian Credit in Early November
OREANDA-NEWS. October 31, 2008. Belarus is to get the first tranche of the Russian credit at the amount of USD 1 billion at the beginning of November, Chairman of the Board of the National Bank of the Republic of Belarus (NBRB) Piotr Prokopovich told reporters on October 30.
“Today we have almost finished the negotiations about getting the Russian credit at the amount of USD 2 billion. The first tranche will arrive in early November, the second one at the beginning of next year. Each of them amounts to USD 1 billion,” he said.
Piotr Prokopovich added that Belarus is successfully negotiating with the IMF. The government and the National Bank have asked this organization to provide Belarus with USD 2 billion worth of credit. “These are just preventive measures. All this is designed for the future,” he said.
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