Mechanism of preferential lending on domestic products discussed in Belarus

21 июля 2015

The relevant draft decree has been developed by the Ministry of Commerce. The objective of the document is to encourage consumers to buy Belarusian products. Such preferences will reduce imports and provide social support to the population. The draft decree provides for the granting of loans on domestic items at lower rates.

According to the Ministry of Trade, now the share of domestic products prevails in Belarus. The domestic market of food products consists of Belarusian goods by more than 80%.