BELARUS NEWS AND ANALYSIS

DATE:

03/09/2009

Belarus: IMF to decide on loan tranche by end Oct

MINSK, Sept 3 (Reuters) - The International Monetary Fund will decide on the disbursement of the third tranche of its loan to Belarus at the end of October, the Belarus central bank said on Thursday.

The IMF, whose mission finished a visit to Minsk on Wednesday to discuss allocation of further funds from the $3.5 billion loan, is to issue a statement later on Thursday.

Belarus has already received $1.5 billion from the IMF since the beginning of the year and expects the remaining money in three tranches, worth about $678 million each, by the end of next summer.

(Reporting by Andrei Makhovsky, writing by Lidia Kelly; editing by David Stamp) Keywords: BELARUS IMF/LOAN

Source:

http://www.lse.co.uk/MacroEconomicNews.asp?ArticleCode=drlg0lteg0m47hp&ArticleHeadline=belarus:_imf_to_decide_on_loan_tranche_by_end_oct

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