/KASE, June 8, 12/ - Eurasian Development Bank, whose bonds are officially
listed at Kazakhstan Stock Exchange (KASE), has provided KASE with the
following press-release of June 8, 2012:
quote
The Council of the EurAsEC Anti-Crisis Fund (ACF) approved the disbursement
of the third tranche of the financial credit to Belarus in the amount of US $440
million. This decision was made at the session of the ACF Council today in
Moscow based on the evaluation of the Belarusian Finance Ministry's
performance report on the tranche prepared by Eurasian Development Bank
(EDB) as the ACF Resources Manager.
In addition, the ACF Council approved a new letter of intent signed by the prime
minister of the government and the chairman of the National Bank of Belarus. The
letter of intent sets forth the parameters for the fulfilment of the 2012 Economy
Stabilisation Programme, which was prepared by the government of Belarus in
coordination with the Manager. The achievement of the respective parameters is
a precondition for the provision of subsequent tranches.
The provision of a US $3 billion financial (stabilisation) credit to Belarus was
approved by the ACF Council on 4 June 2011. In June and December 2011 EDB
transferred two tranches to Belarus, in the amount of US $800 million and US
$440 million respectively.
The details of the ACF programme in Belarus are available at:
http://acf.eabr.org/media/img/rus/project/zakluchenie_FK_RB_publication.pdf.
For additional information please contact:
Yulia Ostroukhova, +77019912843, +79067701672
Mikhail Mzareulov, +7 9032446025
pressa@eabr.org.
unquote
[2012-06-08]