ANNOUNCEMENT 31 Jan 2013In January 2013, the government of Belarus announced a change in private-sector financial support.
NUMBER OF INTERVENTIONS
On January 31, 2013, the Council of Ministers of the Republic of Belarus approved Resolution 75 authorising the reimbursement of interest rate payments of credits taken by a list of local enterprises in the timber, cellulose and paper production industry. The reimbursements are paid from the 2013 Republican Budget.
The GTA includes 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.