Russia will allocate more than $90 mln for lowering the debt burden of African countries, with their indebtedness written off by Moscow totaling $23 bln, Russian President Vladimir Putin said at a plenary session of the Russia-Africa summit, APA reports citing TASS.
"Russia also participates in efforts on easing the debt burden of African countries. The indebtedness written off by Russia has reached $23 bln by now. According to the latest requests of African countries, we will allocate another $90 mln for those purposes, their development," he said.
On Thursday, Putin stressed Russia’s optimism about future relations with African countries because they rest on strong bonds of friendship and mutual assistance.
The second Russia-Africa summit took place at St. Petersburg on July 27-28.
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