Posted: 27.10.2021 13:52:00

Funding for state programmes increased

The Government has increased funding for state programmes and events in 2021 – as envisaged by Resolution No. 609 of the Council of Ministers as of October 26th, the National Legal Internet Portal informs


In line with the document, financing of measures aimed at acquisition of property for its further leasing has been increased by Br30m (approx. $12m), as part of the decree On Financing Purchasing of Modern Machinery and Equipment. The Development Bank of the Republic of Belarus will accordingly allocate Br730m (over $290m) for these purposes.

Consequently, the total amount of the bank's financing of state programmes and events for 2021 has been increased to Br1,273bn (or $509.2m).