Belarus to Receive EurAsEs First Tranche on June 12, RBC

05.09

The first tranche of $800 million allocated to Belarus from the EurAsEC Crisis Fund will be transferred on June 12. This was explained by a source close to the process of negotiations. "The decision on a loan have been practically accepted by EurAsEC countries; only formalities are left," said a source.

In case of a positive decision, Belarus will get $1.24 billion from the EurAsEC Crisis Fund by the end of this year. In total, $3 billion will be allocated to Belarus within three years, RBC reports.

According to Telegraf, under the terms of the credit program of the Eurasian Economic Community, Belarus must privatize assets totaling $7.5 billion by 2014. This was stated by Russian Deputy Prime Minister and Finance Minister Alexei Kudrin.

Russian Deputy Prime Minister said that the final decision of the EurAsEC member states will be taken at a meeting of the CIS finance ministers to be held in Kiev on June 4

External source of this news: http://telegraf.by/en/2011/05/rbk-belarus-poluchit-pervii-transh-kredita-evrazes-12-iyunya

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		View View items Belarus to Receive EurAsEs First Tranche on June 12, RBC 05.09 The first tranche of $800 million allocated to Belarus from the EurAsEC Crisis Fund will be transferred on June 12. This was explained by a source close to the process of negotiations. "The decision on a loan have been practically accepted by EurAsEC countries; only formalities are left," said a source. In case of a positive decision, Belarus will get $1.24 billion from the EurAsEC Crisis Fund by the end of this year. In total, $3 billion will be allocated to Belarus within three years, RBC reports. According to Telegraf, under the terms of the credit program of the Eurasian Economic Community, Belarus must privatize assets totaling $7.5 billion by 2014. This was stated by Russian Deputy Prime Minister and Finance Minister Alexei Kudrin. Russian Deputy Prime Minister said that the final decision of the EurAsEC member states will be taken at a meeting of the CIS finance ministers to be held in Kiev on June 4 External source of this news: http://telegraf.by/en/2011/05/rbk-belarus-poluchit-pervii-transh-kredita-evrazes-12-iyunya The Forsecurity.org is not responsible for the content of external websites. However, the Experts of the Foreign Policy and Security Research center can comment the news from external sources. Foreign Policy and Security Research center created by leading Belarusian scientists, experts in the field of history, law, diplomacy in 2008 (Minsk, Belarus). Our spokepersons act as experts in the evaluation of current events in Belarus and abroad. The FPS Office of Media Relations helps members of the news media set up interviews with FPS experts, produces news releases to inform the media and public about FPS research and corporate news, and works with FPS researchers to produce op-eds for publication. The fastest way to get a response to a media interview or op-ed request is to email us. See also section Contacts. Feel free to contact us. 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Belarus to Receive EurAsEs First Tranche on June 12, RBC

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