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Kremlin lists economic issues and rise in poverty among main challenges of 2020

Kremlin lists economic issues and rise in poverty among main challenges of 2020 According to the Russian Ministry of Economic Development, Russia’s GDP is likely to drop by 3.8% in 2020 MOSCOW, December 29. /TASS/. Kremlin Spokesman Dmitry Peskov has listed economic issues and a rise in poverty among the main challenges of 2020, he said in an interview with the RTVI channel. Read also When asked about the main challenges of the year besides the coronavirus, the Kremlin spokesman said: The economy and everything related to it, poverty that is on the rise across the world. We are not even talking about the effect this will have on the poorest countries, there is hunger there, Peskov said. Then, of course, we all think: Is this the last pandemic? Is this the last coronavirus? These are the challenges we face.

Russian government approves $1bn loan to Belarus

Russian government approves $1bn loan to Belarus MINSK, 21 December (BelTA) - The Russian government has approved a draft agreement to grant Belarus a $1 billion loan, TASS reported. Russia will provide Belarus the $1 billion loan in several tranches. The Russian prime minister has approved the draft agreement submitted by the Russian Ministry of Finance, coordinated with the Russian Foreign Affairs Ministry, Russian Ministry of Economic Development and the state development corporation VEB.RF, and agreed with the Government of the Republic of Belarus, to provide a state financial loan to the Government of the Republic of Belarus… Mikhail Mishustin has authorized the Russian Ministry of Finance, the Russian Foreign Affairs Ministry and other federal authorities concerned, to hold talks with the Belarusian government and, upon reaching an agreement, to sign the agreement on behalf of the Government of the Russian Federation, reads the document published on the legal portal.

UAWire - Russia approves $1 billion loan for Belarus

UAWire  Monday, December 21, 2020 11:00:00 AM The Russian government has approved a draft agreement to provide Belarus with a $1 billion loan in 2020-2021. To approve the draft agreement between the Russian government and the government of The Republic of Belarus, agreed with the Russian Foreign Ministry, the Russian Ministry of Economic Development and the state development corporation VEB.RF, on granting a state financial loan,  reads the document signed by Russian Prime Minister Mikhail Mishustin. According to the document, Russia will provide Belarus with a loan in two tranches: the first was provided in 2020, the second - in 2021. At the end of August, Alexander Lukashenko said that Minsk reached an agreement with Moscow on refinancing a $1 billion loan.

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