ANNOUNCEMENT 30 Jan 2013

In January 2013, the government of Belarus announced a change in private-sector financial support.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising
Inception date: 30 Jan 2013 | Removal date: 30 Dec 2013
Still in force

Interest payment subsidy

 
On January 30, 2013, the Council of Ministers of the Republic of Belarus approved Resolution 72, authorising the partial reimbursement of interest rate payments on credits taken by a list of local enterprises in the light 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.
 
 

AFFECTED SECTORS