BELARUS NEWS AND ANALYSIS

DATE:

22/01/2008

Belarus wants to draw $2 Bln credit from Russia

MINSK. Jan 22 (Interfax) - Belarus is interested in getting a $2 billion Russian state credit, First Deputy Finance Minister Andrei Kharkovets told Interfax.

"We are interested in drawing one more Rssian credit - $2 billion," he said.

Kharkovets explained that, "from the point of view of the value of resources, no cheaper credit can be found now. The repayment schedule is especially favorable and effective."

A $1.5 billion Russian credit was drawn in December 2007 on very favorable terms. "It would be wonderful if the new credit were extended on the same terms," Kharkovets said.

Source:

http://www.interfax.ru/e/B/finances/26.html?id_issue=11950605