Russia Wrote Off $23 Billion in Debt to African Nations
20230728
ST. PETERSBURG (Sputnik) - Russia wrote off $23 billion in debt to African countries and will provide around $90 million as debt relief, Russian President Vladimir Putin said on Friday.
"Russia is taking part in debt relief efforts for African countries. At the moment, we have written off a total of $23 billion in debt. On recent requests of African countries, we will allocate over $90 million more for these development purposes," Putin said at the Russia-Africa summit.
The second Russia-Africa Summit and Economic and Humanitarian Forum is taking place in the Russian city of St. Petersburg from July 27-28. Sputnik is an official media partner of the forum.
© Sputnik
|
NEWSLETTER
|
| Join the GlobalSecurity.org mailing list |
|
|
|
