ANNOUNCEMENT 20 May 2013In May 2013, the government of Belarus announced a change in private-sector financial support.
NUMBER OF INTERVENTIONS
20 2013 . 229
With Decree 229 of May 20, 2013, the President of the Republic of Belarus approved new state measures having the goal to stimulate the realisation of innovative projects. The beneficiaries under the new state scheme must be either citizens of Belarus (inclusive individual entrepreneurs in the case of realisation of investment projects with the participation of scientific-technological parks or small-scale business incubators) or juridical persons, residents of Belarus. The concretely foreseen forms of state support are:
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.