10.06.2009, 10:11 2475

EurAsEC Anti-Crisis Fund to be created within two months

EurAsEC Anti-Crisis Fund will be created within the next two months. Vice Prime Minister, Minister of Finance of the Russian Federation, Alexey Kudrin, informed on Tuesday, the agency reports citing RIA Novosti.

Almaty. June 10. Kazakhstan Today - EurAsEC Anti-Crisis Fund will be created within the next two months. Vice Prime Minister, Minister of Finance of the Russian Federation, Alexey Kudrin, informed on Tuesday, the agency reports citing RIA Novosti.

"As soon as all the countries ratify this decree, the fund will begin its work," Kudrin said. In his opinion, this process can take about two months.

A. Kudrin informed that the credit of Belarus at the rate of $500 million may be allocated from EurAsEC Anti-Crisis Fund.

As informed earlier, the contract on establishment of EurAsEc Anti-Crisis Fund and the agreement on management of the resources of the fund with the Eurasian Development Bank will be signed at the EurAsEc Inter-State Council session.

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