The head of state signed the law on ratification of the contract on establishment of the Anti-Crisis Fund of the Eurasian Economic Community, reports the president”s press service.
According to the press service, the law on ratification of the agreement on management of the Anti-Crisis Fund of the Eurasian Economic Community has been signed.
The EurAsEC Anti-Crisis Fund was founded by the prime ministers of Armenia, Belarus, Kazakhstan, Kyrgyzstan, Russia, and Tajikistan to overcome the negative consequences of the world financial crisis in the national economies, to provide their economic and financial stability, and to further strengthen integration of the EurAsEC countries.
The share of Russia in the fund”s authorized capital stock is $7.5 billion, Kazakhstan – $1 billion, Belarus – $10 million, Armenia, Kyrgyzstan, and Tajikistan – $1 million. After ratification of the documents, each state should pay 10 % of their payment.
