Global Trade Alert
Global Trade Alert

Belarus: Reimbursement of interest rate to domestic flax industry

Announcement

03 Feb 2012

In February 2012, the government of Belarus announced a change in private-sector financial support.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

03 Feb 2012

Revocation date:

02 Feb 2013

Updated: 03 Feb 2012
Interest payment subsidy
The Belorussian Government (according to Decree #113 of 3 February 2012) reimburses 50% of the prevailing interest rate (defined to be the refinance rate of the National Bank of Belarus) for the loans...
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