RESOLUTION OF THE MINISTRY OF ECONOMICS OF THE REPUBLIC OF BELARUS

of October 9, 2024 No. 16

About financial and economic reasons

Based on the paragraph of third subitem 6.1 of Item 6 of the Regulations on procedure for introduction of amendments to the investment agreements signed till July 10, 2024 inclusive and their termination approved by the resolution of Council of Ministers of the Republic of Belarus of July 19, 2016 No. 563, of subitem 6.3 of Item 6 of the Regulations on procedure for decision making about inclusion of the investment project in the list of preferential investment projects and about exception of it about prolongation of term of implementation of the preferential investment project approved by the resolution of Council of Ministers of the Republic of Belarus of September 4, 2024 No. 650, the Ministry of Economics of the Republic of Belarus DECIDES:

1. Establish:

standard form of financial and economic reasons for the investment project according to appendix 1;

standard form of financial and economic reasons for the preferential investment project according to appendix 2.

2. Determine that:

2.1. financial and economic reasons for the preferential investment project are constituted according to standard form according to appendix 2 (further – financial and economic reasons);

2.2. in table 1 of financial and economic reasons are specified:

in the line "Investor" – full name of the legal entity of the Republic of Belarus or surname, own name, middle name (if that is available) the individual entrepreneur registered in the Republic of Belarus, planning implementation of the preferential investment project;

in the line "Object of Implementation of Investments" – the name of object, construction which equipment is provided by the preferential investment project;

in the line "Term of Implementation of the Preferential Investment Project" – date or month and year of the beginning and the end of implementation of the preferential investment project;

in the line "Type of Economic Activity or the Sector of Economy to Which There Corresponds the Preferential Investment Project" – priority type of activity (the sector of economy) for implementation of investments according to the paragraph to the second subitem 1.2 of Item 1 of the resolution of Council of Ministers of the Republic of Belarus of June 13, 2024 No. 417 "About priority types of activity for implementation of investments" or to appendix to this resolution;

in the line "Description of the Preferential Investment Project" – short essence and the purpose of the preferential investment project (creation of new production, expansion of the operating production, modernization, other), and also the expected social and economic effect, including quantity of the created or modernized workplaces;

in the line "The Characteristic Planned to Production" – product name, planned to release as a result of implementation of the preferential investment project, its appointment and the main characteristics, and also the main consumers and competitors of products;

in the line "Characteristic of the Markets" – amount of demand of products planned to release as a result of implementation of the preferential investment project, the expected sales volume of products, the expected market share of the investor (as a percentage) and also expected export volume of products and share of export in sales volume (as a percentage), including over the countries (regions);

2.3. in table 2 of financial and economic reasons are specified:

in the column "Base year" – the amounts of investment costs, sources of financing and finance costs according to the preferential investment project for preceding period;

in the line "Surplus of Net Working Capital":

only non-negative values;

difference between the surplus of net working capital calculated taking into account implementation of the preferential investment project and the surplus of net working capital calculated without its realization;

2.4. in table 3 of financial and economic reasons performance indicators of the preferential investment project by years of its realization for which calculation only non-negative values of net income of the organization for option without implementation of the preferential investment project are accepted are specified;

2.5. in table 5 of financial and economic reasons in the lines "Debt Repayment on Long-term Loans, Loans" and "Debt Repayment taking into account Compensation from the Budget of Part of Percent on the Credits, Loans" data on principal debt and percent on all long-term loans and loans are specified (except for percent and other finance costs included in expenses on financial activities).

3. Declare invalid the resolution of the Ministry of Economics of the Republic of Belarus of July 26, 2016 No. 48 "About establishment of standard form of financial and economic reasons for the investment project".

4. This resolution becomes effective after its official publication.

Appendix 1

to the Resolution of the Ministry of Economics of the Republic of Belarus of October 9, 2024 No. 16

Form

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