Accounting of unheard-of kindness: to whom does Russia forgive Soviet debts?Pictolic
Russia, as the legal successor of the Soviet Union, assumed all its obligations on foreign debts, having also received the right to borrow loans once generously distributed by the Soviet government. The debtors from whom it would be necessary to get loans are the countries of Africa, Cuba, Afghanistan, unfortunately, the payers are still, i.e. Do you know how much the countries of the world owe Russia in total for credit obligations?
At the beginning of the year, the Ministry of Finance of the Russian Federation published data on how much the country owes countries that once received Soviet loans. As of February 1, 2019, the total debt of the countries to Russia amounted to $ 39.2 billion. At the beginning of 2016, the debts of the Russian Federation amounted to $ 34 billion, that is, they still owe the successor more than she owes.
By November 2018, approximately $150 billion had been forgiven to debtors. Russia was especially generous in 1999. Then, according to the Cologne Agreement, 20 billion dollars were forgiven in one fell swoop to such hopeless occupiers as Tanzania, Guinea-Bissau, Madagascar, Burkina Faso, Benin, Yemen, Chad, Mozambique, Sierra Leone. The rest of the countries, of which there are also a lot left, were given installments for repayment for 30 years.
Here is such an entertaining accounting of kindness. It's good to forgive everyone when you live in prosperity and don't need anything. Isn't that right?