According to him, the debt of agricultural producers in the whole banking system is Br4 trillion, Belagroprombank – Br2. 4 trillion. The source reminded that Belarus has prepared four draft decrees on improving agricultural policy. “With regard to debt restructuring, we are in compliance with the project should provide a reprieve to 5 years depending on the business plans. They will be developed, approved by the regional Executive committees, presented to the banks for consideration, and those will have to decide for how long to grant a reprieve,” informed the Chairman of the Board of Belagroprombank.
After consideration of the documents at the meeting with the President the head of state instructed the leadership of the Ministry of Finance and Ministry of economy in the near future to provide calculations of the possible financial implications of draft decrees for the country’s economy, particularly for the public sector. Simple debt relief, as stressed during the meeting the head of state, will not.
New loans to Belarusian farmers will be issued, as before, the spring and autumn field work, fodder, building farms. Agricultural raw materials demanded by the processing industry, whose products are exported abroad. So in order, including agriculture could work and be upgraded without problems, involved foreign lines of credit. So, Belagroprombank in 2013, attracted $1 billion of foreign credit lines and money was spent on the modernization of Belarusian enterprises. For five months in 2014 for these purposes already attracted $450 million, said Vladimir Podkovyrov.