Фото: Lars Blankers / Unsplash.com
The Belarusian Council of Ministers has ordered compensation for losses incurred by Belarusbank and Belagroprombank on loans provided to finance the formation of stabilisation funds, under Resolution No. 560 of October 30. The document was published today on the National Legal Internet Portal and enters into force upon publication.
Compensation will be paid in 2026-2027 from the republican budget. It will amount to 100% of the refinancing rate.
The resolution also contains a list of retail chains eligible to receive loans as procurement organisations involved in establishing stabilisation funds.
The total amount of loans issued is 24.6 million Belarusian rubles. The loan recipients are: