Billion or milliard? what is right?
Russia writes off $20 billion Africa’s debts
Russia forgave debts of African countries and transferred them $50 millions more.
Russian government wrote off the debts of African countries, the amount of which is more than $20 milliards, reports RIA Novosti. As reports Vladimir Sergeev, the Director of the Department of International Organizations by the Ministry of Foreign Affairs of Russia, on the session of the UN General Assembly on October, 17, Moscow has also provided $50 million to the fund of the Universal Bank for the poorest countries. These money will also be used for the development of the sub-Saharan region in Africa.
“Now more than 8 thousand African students study in Russian universities and approximately half of them study on budget (free of charge) program”, noted Sergeev.
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It is Billion.
Billion or milliard? what is right?
Russia writes off $20 billion Africa’s debts
Russia forgave debts of African countries and transferred them $50 millions more.
Russian government wrote off the debts of African countries, the amount of which is more than $20 milliards, reports RIA Novosti. As reports Vladimir Sergeev, the Director of the Department of International Organizations by the Ministry of Foreign Affairs of Russia, on the session of the UN General Assembly on October, 17, Moscow has also provided $50 million to the fund of the Universal Bank for the poorest countries. These money will also be used for the development of the sub-Saharan region in Africa.
“Now more than 8 thousand African students study in Russian universities and approximately half of them study on budget (free of charge) program”, noted Sergeev.
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