of April 16, 2012 No. 174
About some measures for development of pharmaceutical industry
For the purpose of development of pharmaceutical industry, providing necessary conditions for creation, technical retrofitting and reconstruction of productions in release of competitive medicines I decide:
1. Suggest banks of the Republic of Belarus to grant under guarantees of the Government of the Republic of Belarus the loans to the pharmaceutical organizations realizing investment projects on creation, technical retrofitting and reconstruction of production capacities according to appendix 1 (further - the pharmaceutical organizations).
In case of the conclusion of credit agreements with the pharmaceutical organizations to provide the beginning of return (repayment) of the credits in three years from the 1st following after month of reflection in financial accounting of commissioning of fixed assets within implementation of investment projects on creation, technical retrofitting and reconstruction of the production facilities specified in appendix 1 to this Decree (further - the investment project), monthly equal shares within at least seven years, but no more payback period of the investment project.
2. Perform in 2012-2019 according to the decision of the Government of the Republic of Belarus at the expense of the means of the republican budget provided on other questions in the field of the industry, compensation to the pharmaceutical organizations of part of interest for using the credits received according to Item 1 of this Decree for the purpose of implementation of investment projects in the amount of 75 percent of rate on the credit with compensation in Belarusian rubles on the official rate of National Bank for date of compensation of percent.
3. Guarantees of the Government of the Republic of Belarus are provided in repayment of the main amount of debt on the credits issued according to Item 1 of this Decree, and interest for using by them.
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