ANNOUNCEMENT 24 May 2013In May 2013, the government of Belarus announced a change to private-sector financial support.
NUMBER OF INTERVENTIONS
Decree 418 of May 24, 2013, http://www.pravo.by/main.aspx?guid=3871&p0=C21300418&p1=1
With Decree 418 of May 24, 2013, the Council of Ministers of Belarus extended the list of state enterprises and private companies which when undertaking investment projects can obtain refinancing of the interest payments by the state. Such financial subventions are available to firms facing international competition and are likely to distort trade or investment flows into and out of Belarus.