Russian loan conditions are not named Belarus

Dared crediting mechanism economies 2-countries — before of the Belarusian, which lags behind the rise in prices of strategic raw materials.
For disk imaging press service of the Council of Ministers of Belarus, first meeting with Russian officer Sergei Sidorsky said Belarus send humanitarian aid to victims of the war in South Ossetia. In addition, in the Belarusian health resorts throughout August and September are ready to take on the rehabilitation of 2-3 thousand Ossetian children. Vladimir Putin stressed that the moral and even more so real help will be very btw. Then hand deserted to economic issues, which open a discussion behind closed doors from the press.
But before leaving for Moscow Sergei Sidorsky said that will be considered for receipt of a stabilization loan for Belarus which appealed to the management of in December 2007. I recall that in late 2007, Our homeland has already allocated Belarus similar loan of 1.5 billion dollars to pay for deliveries of Russian energy resources. RETURN POLICY — 15 years with a 5-year grace period on the principal position. Conditions for obtaining another loan of 2 billion dollars are not named yet.
Economist Leonid Zlotnikov believes that contact credit obligations is not always justified. According to the views of professional borrow advisable in this case accurately costed options for investment funds combined. In his view, at this point in Belarus there are no effective projects that could would bring credit resources:
"It is exactly the answer — it is excellent or bad here now to take such loans — is unrealistic. Everything is depending on what exactly these credits will be applied. If these loans were used for the development of efficient industries, it would be fine. But if these loans are here in this inefficient economy will be applied to that from which will not return, then it is bad. in this sense I am such a skeptic and think that we have such effective and large projects, these funds could be with had spent properly. Even building a nuclear power plant and then the huge issue — I mean, it’s great or, on the contrary, it is inefficient for Belarus. "

Belarus almost plunged into the graph of output at world prices energoelementy.

Another important point, which does not exist relaxed Belarusian authorities — the price of natural gas supplies from regulyarnastsi which depends the whole infrastructure of Belarus. In the 2nd quarter of 2008 the price of gas Belarus increased from 119 to 128 dollars for a thousand cubic meters. This cost will be topical to the end of the year, after concern "Gazprom" promises to adjust the number. And although the Belarusian authorities have prepared a draft budget for 2009, which is based on its forecast — according to which Russian gas price will not exceed 140 dollars for a thousand cubic meters — Russian side did not once voiced figure of $ 200. While it is clear only that of 2011, Belarus will reach the level of prices set for Western European consumers.
Expert in Russian-Belarusian relations, political analyst Andrei Suzdaltsev states that management Belarus though faced with the fact of gradual commercialization of relations with Russia, but still leaves no hope to go back to those "golden days" when the Belarusian economy is largely "parazytavala" on Russian budget. But withdo it, According Suzdaltseva, virtually impossible:
"Basic defeat Alexander Lukashenko in this whole story is that he failed to stabilize the deteriorating external criterion of operation of the Belarusian economy. First it concerns sustainable rising energy imports. Belarus In other words almost plunged into the graph of output at world prices energoelementy.
And instead of credit, of course, Lukashenko wanted to go back to the format in 2006. It was a record year for indirect and direct subsidies to the Belarusian economy on the part of — eight billion dollars. Unparalleled in the history of the population in general support of land adjoining country. Colossal figure if penetrate because the gross domestic product of Belarus is 40 billion dollars. Well, in general support of all distraught budget. Over the past year, when pretending issued 6 billion Too much, but immediately appeared configuration adchulisya-deficit of foreign trade, the credit needed. Deterioration of the situation immediately became palpable. "
At the talks between Vladimir Putin and Sergei Sidorsky was proved that on August 19 in Sochi is scheduled to meet the presidents of Russia and Belarus — Dmitry Medvedev and Alexander Lukashenko.

Tags: prices, energoelementy loans

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