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January 31, 2025
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Russia Cancels $20 Billion Of African Debt

 

At the International Parliamentary Conference, Putin announced that he would cancel $20 billion of African debt.

Russian President Vladimir Pution on Monday announced that Moscow had written off debts of Africa states worth more than 20 Billion USD.

The Russian leader said this at the International Parliamentary Conference themed “Russia – Africa in a Multipolar World,” held in Moscow under the auspices of the State Duma of the Russian Federal Assembly.

“President Putin has written off $20bn of the Africa’s debts scholarships for the Africans at universities to double will supply food to African countries in need for free, even if the Grain Deal is not extended after 60 days,” noted Russian Embassy in Kenya

Putin said Russia has and will always consider cooperation with African states a priority and reiterated that Africa is one of the unchanging priorities of Russia’s foreign policy.

Source: GreatGameIndia

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