The Belarusian government has asked Moscow for a $1.5 billion stabilization loan to cushion the effects of the gas-and-oil price hikes earlier this year, Belapan reported on February 22, citing official information sources. "The Russian government is ready to consider the loan. The volume of the loan and its terms are a subject of negotiations," RIA Novosti quoted Russian Economic Development and Trade Minister German Gref as saying later the same day. In January, Belarus's foreign debt amounted to $838 million, with the established upper limit of $2 billion at the end of 2007. JM // Copyright (c) 2005. RFE/RL, Inc. Reprinted with the permission of Radio Free Europe/Radio Liberty, 1201 Connecticut Ave., N.W. Washington DC 20036. RFE/RL


Publication date: 26 February 2007   

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