Belarus Gets 5th Tranche of USD 440m from EurAsEC Anti-Crisis Fund
OREANDA-NEWS. Belarus has received a fifth tranche of USD 440 million from the Eurasian Economic Community’s (EurAsEC) anti-crisis fund, a representative of Belarus’ National Bank told reporters.
The representative said that the full amount received was transferred to the country’s gold and foreign exchange reserves.
Hit by a financial crisis in 2011, Minsk agreed on a USD 3 billion stabilization loan from EurAsEC’s fund in several tranches from 2011 to 2013. The fund has already provided one USD 800 million and three USD 440 million tranches to the bailout of the country.
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