10:22 Government promise cheap loans to rural workers


The president of Belarus has signed a decree, setting out cheap loans to the graduates from universities and colleges who have begun working in agricultural copmanies. The young professionals are eligible to get a loan within two years since graduation. The loans are given by Belarusbank for the period of 5 years in the amount, reaching up to 15 living wages, which is currently set at Br170,500. The decree also envisages compensations of the bank's losses associated with the credits to young specialists from the national budget, according to Interfax.