Belarus to Receive EurAsEs First Tranche on June 12, RBC

31.05.2011 12:26
Архив Редакция

The first tranche of $800 million allocated to Belarus from the EurAsEC Crisis Fund will be transferred on June 12. This was explained by a source close to the process of negotiations. "The decision on a loan have been practically accepted by EurAsEC countries; only formalities are left," said a source.

In case of a positive decision, Belarus will get $1.24 billion from the EurAsEC Crisis Fund by the end of this year. In total, $3 billion will be allocated to Belarus within three years, RBC reports.

According to Telegraf, under the terms of the credit program of the Eurasian Economic Community, Belarus must privatize assets totaling $7.5 billion by 2014. This was stated by Russian Deputy Prime Minister and Finance Minister Alexei Kudrin.

Russian Deputy Prime Minister said that the final decision of the EurAsEC member states will be taken at a meeting of the CIS finance ministers to be held in Kiev on June 4.

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