Government will guarantee repayment of loans in Belagroprombank for Neman

The government will provide guarantees for repayment of Belagroprombank principal on loans of the public company "Glassworks" Neman ". The decision is contained in the resolution of the Council of Ministers №1122 of December 31, 2015.
The funds have been involved now in the implementation of investment projects.

Also, according to the document, the Council of Ministers decided on 31 December 2023 to pay for the expense of the republican budget of interest for use provided by the JSC "Glassworks" Neman "bank loans. The funds were used, including, for the purchase and installation of equipment, as well as to finance the construction -montazhnyh works investment project on organization of production of glass. In addition, the government decided on December 31, 2017 to pay interest for the use of company provided bank loans for current activity.

This Decision shall enter into force on the date of its adoption.