Announcement
13 Jan 2012
In January 2012, the government of Belarus announced interest payment subsidies to the local cement industry.
Source
Number of interventions
2
2 certainly harmful
0 likely harmful
0 liberalising
Implementation date
13 Jan 2012
Revocation date:
12 Jan 2014
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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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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