OREANDA-NEWS. Acting in accordance with President Lukashenko's ordinance #576 of December 28, 2013, the Government of Belarus shall introduce Br2.8 trillion (USD 294.118 million) in the statutory fund of the Belarus Development Bank (BDB), Belinvestbank - Br600bn (USD 63.025 million), Belarusbank - Br500bn (USD 52.521 million), Belagroprombank - Br200bn (USD 21.008 million).

Besides, the ordinance authorizes the Finance Ministry of Belarus issue long-term state bonds worth Br1 trillion (USD 105.402 million). Yielding an income equal to the refinancing rate of the National Bank, the bonds, when they mature, can be traded for other kinds of securities and sold directly to the Belarusian Development Bank.

The Finance Ministry will also issue long-term state bonds worth Br600 billion (USD 63.025 million) without offering any interest income. When these bonds mature, they can also be traded for other kinds of securities and sold directly to the Belarusian Development Bank.

The ordinance encourages the Development Bank to sell Br1 trillion worth of state bonds at their face value to Belagroprombank.

The Belarusian Development Bank will also purchase assets created in the process of Belagroprombank's credit support in the amount of Br1.15 trillion (USD 120.798 million) for government investment programmes.