ANNOUNCEMENT 04 Mar 2015In March 2015, the government of Belarus announced a change in private-sector financial support.
NUMBER OF INTERVENTIONS
On 4 March 2015 the Council of Ministers of Belarus approved the provision of state guarantees for the repayment of loans of Pukhovichi Integrated Bakery Plant JSC (Decree Nr. 158). The company is a producer of animal feed mixtures for local and foreign markets.
The approved loan guarantees are to the amount of 114 billion BYR (ca. 8 million USD) for domestic borrowing and 6.9 million EUR for borrowing abroad. The guaranteed loans have a repayment period until 31 December 2019.
The maturity date of the state guarantee is not disclosed.