Russia to allocate preferential credit of 700 mln roubles to Abkhazia

Russia will allow a preferential credit of 700 mln roubles to Abkhazia. The money will be spent on filling the capital of the Central Bank of Abkhazia.

According to RIA Novosti, the corresponding statement has been made by Russian Prime Minster Vladimir Putin at the meeting with Abkhaz leader Sergey Baghapsh on March 26.

According to Vladimir Putin, it is a ten-year credit.

He said Russia has already adopted a decision on allocating 10 bln roubles in 2010-2012 to assist Abkhazia.

Sergey Baghapsh left for Moscow on 23 March.


/Georgian Times/