Belarus received from Russia a loan of $700 million
The Finance Ministry of Belarus announced the receipt of the allocated $700 million Earlier it was reported that the funds were provided “in order to further strengthen the friendly relations”.
“September 15, 2017, the state financial loan of the Russian Federation in full amount credited to the account of the Ministry of Finance”, — stated in the message of the Ministry of Finance of Belarus.
The loan granted to the Republic for a period of 10 years.
In signed by Prime Minister Dmitry Medvedev has noted that money is allocated “in order to further strengthen the friendly relations” to repay previously issued by Russia of credits.
At the end of 2016, according to balance of payments of the Union state according to the Russian Central Bank, the total debt of Belarus to Russia amounted to almost $6.4 billion In 2017, Minsk had to return with interest of $741 million, but in January—April has repaid only $120 million.
In August 2017 Moscow paid off the final debt, inherited from the Soviet Union, paying Bosnia and Herzegovina $125 million