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Belarus needs Russian credits
RBC, 06.09.2005, Moscow 09:31:17.Russia may allocate a loan worth $146m to Belarus this year, a source in the Russian cabinet has told RBC. He reiterated that Belarus had requested this loan "to compensate for the losses incurred by an increase in prices for Russian gas". The sides have already agreed upon the terms and conditions of the loan, the source added. At the same time, Belarus is now requesting an additional loan of RUR9bn (approx. USD319.15m) to ensure the stability of the Belarusian ruble. However, Russia deems this credit economically infeasible due to monetary integration, which the two states are discussing at present, the source underscored.
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