09.10.2012
By the resolution of the Council of Ministers No. 900 of 1October 2012 the plan of privatization of state owned enterprises for 2011-2013 is declared to be no longer in forth.
Along with this the resolution of the Council of Ministers No. 901 of 1 October 2012 “On introducing amendments to the resolution of the Council of Ministers of the Republic of Belarus No. 1139 of 26 August 2011” was adopted.
By the resolution No. 1139 of 26 August 2011 the list of 8 enterprises in respect of which National Agency of Investment and Privatization is authorized as privatization body was defined. As well was established that the privatization of these enterprises is conducted in accordance with the timeline defined in the privatization plan.
By the resolution No. 900 of 1 October 2012 the reference to the plan of privatization was excluded. The footnote is redrafted, declaring that the National Agency of Investment and Privatization implements privatization process in accordance with legislation and within the Grant Agreement concluded between the Ministry of Economy and the International Bank for Reconstruction and Development of 22 December 2010 (international technical assistance project No. 2/11/000466 dd. 28 April 2011). Pursuant to it, the Ministry of Finance of Austria established a Trust Fund in the amount of 3.6 million US dollars for duration of up to five years to support the Belarus privatization program implemented by the Agency. The project is executed under the supervision of the World Bank.