MINSK, 18 August (BelTA) - Amkodor holding company plans to overcome its current challenging situation by ramping up the output and utilizing government-proposed debt restructuring measures. These approaches will be formalized in a draft presidential decree discussed during Belarusian President Aleksandr Lukashenko's meeting with the Council of Ministers' leadership in Minsk on 18 August, BelTA learned.
The conceptual framework of the draft decree aimed at stabilizing the situation at Amkodor was reviewed during the meeting. The document received general approval from the president and, after prompt revisions, will be submitted for the head of state's signature, Deputy Prime Minister Viktor Karankevich told the media.
According to him, the draft decree provides for the restructuring of Amkodor's debt obligations with the aim of their further effective use to increase production volumes, to ensure balanced financial flows and to complete the investment projects that are in an advanced stage of readiness.
/More to come/
The conceptual framework of the draft decree aimed at stabilizing the situation at Amkodor was reviewed during the meeting. The document received general approval from the president and, after prompt revisions, will be submitted for the head of state's signature, Deputy Prime Minister Viktor Karankevich told the media.
According to him, the draft decree provides for the restructuring of Amkodor's debt obligations with the aim of their further effective use to increase production volumes, to ensure balanced financial flows and to complete the investment projects that are in an advanced stage of readiness.
/More to come/
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