Russia to provide $1.5 bn loan to Belarus

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AK&M 15 September 2020 19:26

Russia will provide a $1.5 bn loan to Belarus, according to Russian President Vladimir Putin's statement at the recent meeting with Belarus President Alexander Lukashenko, the transcript of which is published on the Kremlin website.

Our colleagues at various levels – companies, ministries and departments – are in constant contact with each other. Yes, the Government in Belarus has changed but this will not change our active work, all the more so since Prime Minister of the Russian Federation Mikhail Mishustin visited Belarus quite recently. I know that he had very serious, lengthy talks and they were successful in all areas of our cooperation, including finances. We agreed that during this complicated period Moscow would grant Minsk a state loan of $1.5 billion and we will do this. I believe that our finance ministers are now working at a professional level on this issue," the Russian leader said.