Financing for export development measures in Belarus for 2015 has been increased. This is stipulated by Resolution of the Council of Ministers No. 676 of August 10, 2015, which was officially published today on the National Legal Internet Portal, according to BELTA.

Financing for export development measures in Belarus for 2015 has been increased. This is stipulated by Resolution of the Council of Ministers No. 676 of August 10, 2015, which was officially published today on the National Legal Internet Portal, according to BELTA.

According to the document, Br 1,522.74 billion will be allocated this year for measures to implement Decree No. 534 of August 25, 2006 "On promoting the export of goods (works, services)", instead of Br 1,381.54 billion as previously planned. This is due to OJSC "ASB "Belarusbank" increasing its lending from Br 870 billion to Br 1,011.2 billion. OJSC "Belinvestbank" will allocate $40.8 million for these purposes instead of the planned $36.3 million, and OJSC "Bank BelVEB" - $28.61 million instead of $24 million. Thus, the total amount of lending in dollars will be $231.91 million, an increase of $9.11 million.

The resolution also provides for an increase in financing for measures of the republican program for equipping organizations of the agro-industrial complex with modern technology and equipment, construction, repair, and modernization of production facilities of these organizations for 2011-2015. Thus, lending by OJSC "ASB "Belarusbank" will increase by Br 141.2 billion, and by OJSC "Belinvestbank" and OJSC "Bank BelVEB" - by $4.5 million and $4.61 million, respectively.

In general, in 2015, lending under state programs and measures, according to the resolution, will amount to Br 2,823.31 billion, EUR 323.355 million, $375.46 million, and 100.51 million Russian rubles.

News of Belarus (BELTA)