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Belarus Seeks $400M Loan from Iran

Source: Moj News

Belarus is seeking a $400 million loan from the Islamic Republic of Iran, central bank's management board Chairwoman Nadezhda Yermakova said on Monday.


"The question of raising loans worth some $400 million from Iran is under consideration", Yermakova said.

The Iranian party has already taken a decision in principle," he the Belarusian parliament.

Belarus also hopes to agree a new $7 billion bailout from the International Monetary Fund.

"An IMF mission to assess the economic situation in the country starts work tomorrow (on Tuesday). Maybe this will move on to considering a new program. Its volume stands at $7 billion," Deputy Finance Minister Vladimir Amarin told journalists.

... Payvand News - 10/03/11 ... --

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