ANNOUNCEMENT 23 Jun 2012

In June 2012, the government of Belarus issued a state guarantee to a local meat and dairy company. The company was tasked with implementing government price support interventions.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising

SOURCE



Government Decree #581 from 23 June 2012, О предоставлении гарантии Правительства
Республики Беларусь в погашении кредита (On Government Loan Guarantee), http://www.government.by/ru/solutions/1844

Inception date: 23 Jun 2012 | Removal date: open ended
Still in force

Loan guarantee

On 23 June 2012, the Belorussian Government issued a government guarantee covering the loans which the meat and dairy company Myaso-Molochnaya Companiya has to pay back to SPB-Sberbank.

The Company is tasked with implementing the government's price support interventions in milk and dairy industry. The Decree mentions the loan is to be used towards a USD 33.5 million procurement intervention targeting milk and dairy products. 

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.
 
 
 

AFFECTED SECTORS

 

AFFECTED PRODUCTS