Belarus gets long-awaited 1.5 billion dollar Russian credit

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Ministers of Finance of the two countries Mikalai Korbut and Alexei Kudrin have signed an agreement on allocation of a 1.5 billion dollar credit to Belarus in Moscow today.
The Belarusian Ministry of Finance informed BelaPAN that, according to the agreement, the money would be received by the end of this year. The credit will be allocated to our country for 15 years with a possible 5-year adjournment for a LIBOR loan plus 0.75% of annual interest.

BelaPAN