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22 November 2022, 12:04

Belarus to service its loan obligations to U.S. Commodity Credit Corporation in rubles

MINSK, 22 November (BelTA) - Belarus will service its loan obligations to the U.S. Commodity Credit Corporation in Belarusian rubles, reads joint resolution No. 801/25 of the Council of Ministers and the National Bank of 21 November 2022. The document has been officially published on the national legal internet portal, BelTA has learned.

According to the document, this measure has been taken to make timely and full payments on the external state loans attracted from the U.S. Commodity Credit Corporation.

The annex to Resolution No. 212/10 of the Council of Ministers of the Republic of Belarus and the National Bank of the Republic of Belarus dated 6 April 2022 "On temporary measures for the fulfillment of external public debt obligations" is supplemented by the paragraph " U.S. Commodity Credit Corporation". Now there are four organizations to which Belarus discharges its loan obligations in Belarusian rubles at the official exchange rate of the Belarusian ruble to the corresponding foreign currency on the date of the actual payment in Belarusian rubles.

Resolution No. 801/25 shall enter into force on the date of its official publication.

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