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16 Nov 2022

Belarus signs RUB105bn loan agreement with Russia

Belarus signs RUB105bn loan agreement with Russia
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MINSK,  16 November (BelTA) – Russia will extend Belarus a loan in the amount of RUB105 billion for import-substituting projects. The corresponding document was signed by the heads of the finance ministries of Belarus and Russia on 16 November, BelTA learned from the press service of the government.

Import-substituting projects will be implemented in Belarus.

The parties have already confirmed readiness to start financing 12 projects.

 

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