Public debt of the Republic of Belarus in January-April 2018 rose 0.2%, external – decreased by 1.9%, the internal debt grew by 2.9%, according to the Belarusian Finance Ministry.
Public debt of the Republic of Belarus on may 1, 2018, amounted to 42.3 billion rubles ($1 – 2 Bel. RUB) and increased in comparison with the beginning of 2018 87.3 mln, or 0.2%.
Internal public debt as of may 1, 2018, amounted to 9.4 billion Bel. RUB, having increased from the beginning of the year to 261.8 million rubles (including exchange rate differences), or 2.9%.
For Jan-APR 2018 posted domestic currency government bonds to legal entities and physical persons in the amount of $186.7 million Repaid foreign currency and ruble-denominated government bonds for legal entities and physical persons in the amount of $126,9 million and 23.1 million RUB.
External public debt as of may 1, 2018, totaled $16.4 billion, having decreased from the beginning of the year to $315,6 million (including exchange rate differences), or 1.9%.
In January-April 2018 attracted public external borrowings in the amount of $990,5 million:
– $600,0 million – Eurobond,
– $313,6 million – the government and banks of the Russian Federation,
– $42.3 million – IBRD,
– $33.1 million Bank of China,
– $1.5 million – EBRD and NIB.
The repayment of external public debt from the beginning of 2018 was $1,235 billion, including $800,0 million Eurobonds, $179,3 million from Chinese banks, $137,1 million – the government of the Russian Federation, $88.3 million – EFSR, $29.3 million, the IBRD, $0.7 m – US $0.4 million – EBRD and NIB.
As En+ is not under sanctions
En+ of Oleg Deripaska said “significant progress” of the “Barker plan”, providing for the withdrawal of En+, and RUSAL from under the US sanctions by reducing the influence of Deripaska in En+ and exit of the management bodies of companies.
Lord Barker as independent Chairman of the Board of Directors, together with other independent Directors continues to implement the plan announced on 27 April, reports “Interfax” with reference to the statement of En+.
The company continues to work to protect the interests of all shareholders, investors and employees and a statement will be made as soon as this becomes possible.
En+ recalls that pending before OFAC is still a request for renewal of the license N13 relating to the withdrawal of us investors from shares and other securities of the company, until October 31, 2018 or until the date on which OFAC may deem appropriate.
A similar request for renewal of the license N12 for the implementation of business transactions with the company which expires on October 23. As reported, the London stock exchange (LSE) on Friday extended the final date of trading of global Depository receipts (GDRs) En+ according to the rule Reg S. the decision of the exchange followed by the message OFAC (the structure of the U.S. Treasury, responsible for law enforcement in the area of sanctions), which extended on the eve of the release of U.S. investors of equity and debt placed 6 April
sanctions En+, RUSAL and the GAZ group for two months until August 5.
The “Barker plan” involves the reduction of the share of Deripaska in En+ group is below 50% and reducing its impact on the Council, the majority of which will have independent Directors. O. Deripaska has left the boards of Directors of En+, and RUSAL, also on the Board of Directors of “RUSAL” were representatives of En+, which will replace the technical experts in aluminium plants.
Media: the United States agree to leave Deripaska 40% in En+
Group of companies En+ requests for help from the state, but we are not talking about direct subsidies. It is proposed to reduce subsidies on electricity for citizens and thus save money. The account goes on tens of billions of rubles. That threatens the companies of Oleg Deripaska?
The US Treasury Department signaled that it may allow Oleg Deripaska to keep the stake in En+ Group is in the range of 40% as part of the deal, which will save the company from sanctions. It is reported Bloomberg citing a source familiar with the situation.
According to the interlocutor of the Agency, the U.S. Treasury did not name a specific target for the share of Deripaska. The Ministry has only indicated that the share of the businessman in En+ have to be much less than 50%. Now Deripaska owns around 66% of the company.
April 6 the U.S. Treasury has published a sanctions list, which was introduced Oleg Deripaska and controlled company RUSAL and En+. Later, the U.S. Treasury said that sanctions could be lifted from “Rusala” if there is a change of the controlling shareholder.
