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16 Apr 2021

Belarus expects to get second $500m tranche of Russian loan by June-end

Belarus expects to get second $500m tranche of Russian loan by June-end
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MINSK, 16 April (BelTA) - Belarus expects to receive the second $500 million tranche of the Russian loan by the end of June, Belarusian Finance Minister Yuri Seliverstov told the media, BelTA has learned.

"We made arrangements for the first half of the year, the second quarter. Let's hope that it will arrive by the end of June," Yuri Seliverstov said.

BelTA reported earlier that the agreement to provide a $1 billion Russian loan to Belarus was signed on 21 December 2020. Belarus’ Finance Ministry received the first tranche of the loan worth $500 million on 30 December.

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