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Belarus may receive second tranche of EurAsEC loan in November

The total size of the loan is $3 billion. Six tranches will be granted to Belarus in 2011-2013

MINSK, November 8 (Itar-Tass) —— Belarus may receive the second loan tranche from the Eurasian Economic Community Anti-Crisis Fund in November, Deputy Prime Minister Sergei Rumas said on Tuesday.

“Belarus has met every condition, so we do not expect any delays,” he said.

Some organizational issues are left; they are connected to the reshuffle in the Anti-Crisis Fund administration, Rumas said.

“The Expert Panel will consider the issue soon, and the Fund Board will hear it,” he said.

The total size of the loan is $3 billion. Six tranches will be granted to Belarus in 2011-2013. The first tranche of $800 million was received in June 2011. In all, Belarus may get $1.24 billion this year.