IMPLEMENTATION LEVEL

NFI

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

firm-specific

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: No inception date

State aid, nes

On 28 June 2013, the Council of Ministers of the Republic of Belarus approved Resolution Nr. 560 on the general conditions for the compensation of the Development Bank of the Republic of Belarus with regard to the export credit it provides to Belarusian companies.
 
According ot the Resolution, the export-related risks of the bank's loans shall insured by the state. The maximum interest rate reimbursement provided by the state concerning Belarusian Roubles-denominated loans is the refinancing rate announced by the National Bank of Belarus for the respective period.

AFFECTED COUNTRIES

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