MINSK (Sputnik) — Belarus hopes to receive a $700 million loan from Russia either in July or August, Belarusian Deputy Finance Minister Maxim Ermolovich said Friday.
"We expect the actual receipt of these funds in July-August," Ermolovich told reporters in Minsk.
Belarusian Finance Minister Vladimir Amarin said in late May that the $700 million loan from Russia for debt restructuring was under detailed consideration.