Interest for using bank loan on investment project will be returned to Belarus Iron and Steel Works from the state budget.
This is envisioned in the Council of Ministers’ decree dated August 31.
The company will be paid back interest for using bank loan in foreign currency in 2013-2015. The payback will be in Belarus rubles.
BMZ received 5 loans from Eurasian Bank for Development and Belarusbank for the project on bars manufacture with the construction of the wire mill. The 2017 reimbursement will amount to 11.7 million euro. (Ukrainian metal)