Belarus has obtained the Russian state credit of $1.5 billion. The resources have been put into a dollar account of the Finance Ministry of Belarus in the National Bank, BelTA learnt from the Finance Ministry of Belarus. The credit has been provided for 15 years with the payments postponed by five years. Libor interest rate is determined for three-month US dollar deposits plus the margin of 0.75% per annum. Nikolai Korbut, the Finance Minister of Belarus, stated that the necessity of the credit had been caused by an increase in energy prices. He underscored, the money would be used within the bounds of the need for the credit. Nikolai Korbut said, the Belarusian side would pay out the credit and the interest on time. In line with the agreement signed between the governments of Belarus and Russia on December 20, 2007, the Belarusian side will pay the credit off quarterly by forty dollar transferences on February 15, May 15, August 15 and November 15. The first payment will be provided on February 15, 2013 and the last one – on November 15, 2022.