Russia’s FinMin still undecided on leftover balance of BelNPP construction loan
<p> MINSK, Oct 14 - PrimePress. The Russian Ministry of Finance has not yet made a decision how to dispose of the leftover balance of the Russian government’s loan for the construction of the Belarusian nuclear power plant (BelNPP, Astravyets, Grodno Oblast), said deputy chairperson and member of the board of VEB.Russia Svetlana Yachevskaya on October 14. </p> <p> </p> <p> “There may be an extension to the deadline for further drawdowns on the loan. If this limit is still required for this contract, it is reasonable to lengthen it. And if it is not required, it is reasonable to transfer this balance to another financial instrument to provide additional assistance to the partner country,” BelTA reports citing Yachevskaya as saying. </p> <p> </p> <p> Belarus is considering the possibility of using the remainder of the Russian state loan for the construction of the BelNPP for other investment projects. It is expected that the balance may amount to $3-3.5 billion of the unused portion of the $10 billion of the Russian state loan. End </p> <p> </p>
2021-10-15
Primepress
Russia’s FinMin still undecided on leftover balance of BelNPP construction loan
MINSK, Oct 14 - PrimePress. The Russian Ministry of Finance has not yet made a decision how to dispose of the leftover balance of the Russian government’s loan for the construction of the Belarusian nuclear power plant (BelNPP, Astravyets, Grodno Oblast), said deputy chairperson and member of the board of VEB.Russia Svetlana Yachevskaya on October 14.
“There may be an extension to the deadline for further drawdowns on the loan. If this limit is still required for this contract, it is reasonable to lengthen it. And if it is not required, it is reasonable to transfer this balance to another financial instrument to provide additional assistance to the partner country,” BelTA reports citing Yachevskaya as saying.
Belarus is considering the possibility of using the remainder of the Russian state loan for the construction of the BelNPP for other investment projects. It is expected that the balance may amount to $3-3.5 billion of the unused portion of the $10 billion of the Russian state loan. End