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Russian Deputy Finance Minister Timur Maksimov explained that the protocol extends the period of usage of the nuclear power plant construction loan by one year, till the end of 2023 and reschedules the date when the repayment of the principal debt on the loan is supposed to begin from 1 April 2023 to 1 April 2024. ....
Somalia: Russia Grants Debt Relief Worth Us$684 Million menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.
Russia has granted debt relief on over $684 million owed by Somalia in a deal finalised on the sidelines of a Russia-Africa summit in St Petersburg, officials from the Horn of Africa nation said. Emerging from decades of civil war, Somalia is seeking to secure sweeping external debt relief under the International Monetary Fund (IMF) and World Bank's Heavily Indebted Poor Countries (HIPC) Initiative. ....
Russia writes off Somalia's $684 million debt garoweonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from garoweonline.com Daily Mail and Mail on Sunday newspapers.