Siluanov confirmed the possibility of a loan to Belarus of $1 billion

Russia is considering the question of granting of Belarus of the intergovernmental loan in the amount of up to $1 billion to support the budget of this country, said Russian Finance Minister Anton Siluanov, said “RIA Novosti”.

According to him, the credit was discussed during a meeting of the presidents of Russia and Belarus, which took place April 3, and currently studying the issue of lending is engaged in the Ministry of Finance.

“Up to $1 billion interstate loan worked out to support the budget, balance of payments [Belarus],” said Siluanov.

Informed that the Republic will support a new loan of $1 billion, said Deputy Prime Minister of Belarus Vladimir Semashko. According to him, loans will be opened by the Eurasian Fund of stabilization and development, and two tranches, $300 million will go to the country “on very favorable terms — good terms, at low rates and so forth.” In addition, it was requested to highlight “on very good terms” about $1 billion of loans. However, who was given this instruction and the terms on which, from the statement Semashko was not clear.

What is agreed and not agreed Russia and Belarus

The meeting of the President of Russia Vladimir Putin and President of Belarus Alexander Lukashenko was held in Strelna on 3 April.

During the talks, the two leaders announced that Moscow and Minsk have decided all disputed issues relating to gas prices. Putin also said that the parties agreed on cooperation for the next three years and ready for 1 January to develop rules for a common gas market.

We believe every penny: 20 facts about the Belarusian economy

Lukashenko, in turn, said that Putin has agreed to refinance the debt of Minsk, but did not specify what kind of debt it is. “The President [of Russia] promised that within today and tomorrow he will give appropriate instructions on this issue”, — said the Belarusian President.

Belarus is the leader in the Russian investment among the countries of the Eurasian economic Union. In different years the amount of “total net of support” from Russia ranged from 11 to 27% of the Belarusian GDP, from IMF data provided .