Wednesday, June 1, 2011

Russia will provide 700 million rubles Abkhazia

The Russian government will give Abkhazia 700 millionth loan to capitalize the Central Bank of the Republic. This was stated by Russian Prime Minister Vladimir Putin during a meeting with Abkhaz President Sergei Bagapsh, in Novo-Ogaryovo. "We have almost completed work on a loan of Abkhazia in the $ 700 million for capitalization of the Central Bank of Abkhazia. In the near future, experts have completed the technical work for the implementation of the loan with a grace period of four years and low interest rate. The loan is designed for ten years" - Putin said.

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