Raubichy Centre Granted Permission to Take Out Loans to Complete Construction Project

Reform.news Editorial Team · 9 November 2026, 18:25

https://reform.news/en/raubichy-centre-granted-permission-to-take-out-loans-to-complete-construction-project/

The Republican Centre for Olympic Training in Winter Sports Raubichy will be able to borrow funds to complete a construction project. The relevant decree was signed today by Aliaksandr Lukashenka.

“Under the document, the Republican Centre for Olympic Training in Winter Sports Raubichy is granted the right to borrow funds in 2026–2027 to finance architectural and construction activities aimed at completing the construction of a facility located on its premises,” Lukashenka’s press service reported.

The document stipulates that the centre will repay the funds from its own income and other sources not prohibited by law.

Personal responsibility for repaying the borrowed funds rests with the centre’s director and the minister of sport.