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Development Bank ready to attract $60 million for support of small and medium businesses in Belarus

The Development Bank is ready to attract 60 million dollars for the support of small and medium business in Belarus. The loan is planned to be taken from the International Bank for Reconstruction and Development.

President Lukashenko gave his consent to begin the procedure of negotiations. As it has been designated by the President’s decree, the government will act as a refund guarantor. The money will be spent on the project which will expand the accessibility of finances for micro, small and medium organizations in Belarus. The Development Bank is ready to attract $60 million for the support of small and medium businesses in Belarus.

Development Bank ready to attract $60 million for support of small and medium businesses in Belarus