Global Trade Alert
Global Trade Alert

Belarus: Reimbursement of interest rate payments to the cement industry

Announcement

13 Jan 2012

In January 2012, the government of Belarus announced interest payment subsidies to the local cement industry.

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

13 Jan 2012

Revocation date:

12 Jan 2014

Updated: 13 Jan 2012
Loan guarantee

The Belarusian Government (according to Decree #44 of 13 January 2012) issued state guarantee on two loans which firms in the cement industry have taken from Belarusbank. 

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Updated: 13 Jan 2012
Interest payment subsidy

The Belarusian Government (according to Decree #44 of 13 January 2012) reimburses 50% of the prevailing interest rate (defined to be the refinance rate of the National Bank of Belarus) ...

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