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22 October 2024, 13:37

Snopkov: Soft loans for buying domestic goods are in demand in Belarus

An archive photo
An archive photo
MINSK, 22 October (BelTA) – Belarusians actively use soft loans to purchase domestic goods, Belarusian First Deputy Prime Minister Nikolai Snopkov said during a joint sitting of the House of Representatives and the Council of the Republic in Minsk on 22 October, BelTA has learned.

“The government passed Resolution No. 992 to introduce loans with an interest rate of 4% per annum for buying Belarusian goods. These are 29 types of goods, including prefabricated houses, furniture, household appliances, walk-behind tractors, ceramic tiles and more.  There is demand for such loans. Since the beginning of this year, Belarusbank has processed more than 100,000 loan applications for a total of Br373 million,” said Nikolai Snopkov.

Given the high demand, there are plans to expand the list of goods that can be purchased using such a loan and the list of enterprises that can take part in it, the first deputy prime minister noted. “This program will continue throughout next year, as it has received a positive feedback from the population and has stimulated the sale of domestic products.”
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