Moscow considering issue of providing $1 bln interstate credit to Belarus

Vladimir Putin and Alexander Lukashenko met on April 3, 2017 in St. Petersburg.

Vladimir Putin and Alexander Lukashenko met on April 3, 2017 in St. Petersburg.

Kremlin.ru
Putin and Lukashenko on April 3 discusses financial cooperation

Moscow is considering the issue of providing an interstate credit in the amount of up to $1 billion to Minsk in order to help prop up the country’s budget and the balance of payments, Russia’s Finance Minister Anton Siluanov said on April 11.

"Presidents have had a meeting focused on financial cooperation and lending issues. We’re currently considering the issue (of providing a loan to Belarus - TASS)," he said, adding that the issue is about "an interstate credit to support the budget and balance of payments (of Belarus) in the amount of up to $1 billion."

After the meeting of Presidents of Russia and Belarus, Vladimir Putin and Alexander Lukashenko, in St. Petersburg on April 3 it was announced that the talks had not effected the desired result regarding the problematic issues but the sides managed to reach a certain compromise.

Read more: Will Belarus leave Russia to join Europe?

If using any of Russia Beyond's content, partly or in full, always provide an active hyperlink to the original material.

More exciting stories and videos on Russia Beyond's Facebook page