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Belarus Development Bank to get $60m for small and medium business

The Board of Directors of the World Bank approved another loan secured by the guarantee of the Belarusian government on September 29.

After the global economic crisis, private enterprises find it increasingly difficult to attract financing, especially if they need long-term loans. 

The new project not only involves the allocation of credit money, but also contributes to the development of the financial sector, as well as to the growth of employment in Belarus.

Belarusian Development Bank to receive $60 million for small and medium business