Belarus gets $3 billion bailout from Russia

- Central Banking Newsdesk
- 20 May 2011

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Belarus prime minister Mikhail Myasnikovich said on Thursday that the country had hoped "to get over $3 billion in loans from the Eurasian Economic Community (EurAsEC) anti-crisis fund [Russia is the fund's main donor] in the next three years".

"All the terms have been agreed upon, approaches identified, the amount determined," he said, according to the official website of the Republic of Belarus. He added that the final amount would be somewhere between $3 billion and $3.5 billion.

The funds

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