ANNOUNCED AS TEMPORARYNo
On 24 August 2016, the Belarusian government announced state support in the form of a credit guarantee to footwear company "Marko".
Decree No. 670 authorised the issuance of a state guarantee in favour of Belagroprombank to cover the principal (13 million USD) and part of the interest concerning the loan it issued to the leader of footwear company "Marko'.
The GTA includes state guarantees and other financial incentives that are likely to affect the restructuring and performance of firms facing international competition, whether from imports, in export markets, and from foreign subsidiaries.
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