OREANDA-NEWS. June 16, 2010. President of the Republic of Belarus Alexander Lukashenko signed Decree No. 303 “On Peculiarities of Financing the Construction of Agricultural Facilities.”

In accordance with the document, in 2010-2011 Belagroprombank and Belarusbank will be reimbursed Br1.83 trillion as a partial compensation for the interest on the credits to be extended in 2010 to the institutions, which are appointed by the oblast executive committees and the Ministry of Agriculture and Food, to finance the construction, upgrade, technical re-equipment, complete overhaul and current maintenance of manufacturing facilities of the agricultural industry.

The credits will be issued for 8 years and repaid in equal monthly installments in a year after a facility is put into operation or after an upgrade, technical re-equipment, complete overhaul and current maintenance of manufacturing facilities of the agricultural industry is completed.