Russia is ready to provide over $6 billion in credit support to Belarus, the press service of the Belarusian head of state quoted Alexander Lukashenko as saying as he heard out a report from Prime Minister of Belarus Mikhail Myasnikovich on 17 May.
“I’ve just talked to President of Russia Dmitry Anatolyevich Medvedev. He phoned me. We are in negotiations with the Russian Federation on getting a stabilization loan to support the exchange rate of the Belarusian ruble. In all negotiations they are ready to respond promptly if we want it and not promptly if we don’t. It will be about $3.1 billion if we, of course, sign a relevant agreement with them,” said Alexander Lukashenko.
In his words, virtually everything has been done and Belarus can get the loan.
Alexander Lukashenko added: “Future sales of our products will be about $3 billion. They are ready credit us. The total will be over $6 billion. It will be sufficient for stabilization and for having solid gold and foreign exchange reserves”.
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