Belarus President Alexander Lukashenko has decided in favor of giving support to several enterprises run by the Industry Ministry and the state light industry concern Bellegprom. The head of state has signed the relevant decrees.
The enterprises will be given a respite for paying back borrowed money and an installment plan for paying interest on bank loans.
Taking into account the president’s instructions the time for returning the borrowed money has been reduced and the terms of state support have been toughened.
A number of executives face disciplinary action for failing to fulfill instructions on ensuring the effective performance of a number of manufacturing sector and civil engineering enterprises.