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Belarus expects to get second $500m tranche of Russian loan in H1 2021

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MINSK, 3 February (BelTA) – The Finance Ministry of Belarus expects to receive the second tranche of the Russian loan at the amount of $500 million in the first half of the year, Finance Minister Yuri Seliverstov told reporters on 3 February, BelTA has learned.

“In general, it was decided that it [the second tranche of Russia’s state loan] will be transferred this year. So far, we are planning to get it in the first half of the year,” Yuri Seliverstov said.

He went on saying that the issue of the second tranche was not revisited in January.

BelTA reported earlier that the agreement to provide a $1 billion Russian loan to Belarus was signed on 21 December 2020. Belarus’ Finance Ministry received the first tranche of the loan worth $500 million on 30 December.

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