Source Pravda.Ru

Russia won't finance Greater Middle East fund, Putin says

Russia will not finance a fund being established in line with the Greater Middle East initiative, President Vladimir Putin of the Russian Federation told reporters at a press conference, after the G-8 summit wound up.

Russia won't contribute to this fund being stipulated by the G-8's Greater Middle East initiative, unless it understands that we can really participate in the decision-making process, Putin added.

Talking to correspondents June 10, Vladimir Putin's economic adviser Andrei Illarionov noted that the Russian Federation will so far refrain from financing the Greater Middle East's economic-development fund.

The Russian position remains unchanged: The Mideastern region is not poor; regional per-capita incomes and absolute financial resources can be compared to those of many other regions of the world, Illarionov added.

We are stating our honest position well in advance; one should not expect the Russian Federation to provide such money in the near future, Vladimir Putin's economic adviser went on to say.

At the same time, G-8 leaders agreed to extend a program for easing the debts of the world's poorest countries for another two years.

G-8 leaders will instruct their respective finance ministers to finalize the relevant agreement's details in the near future.

This World Bank program was to have expired in late 2004; $31 billion worth of 23 African countries' debts have already been written off and restructured within its framework.

In Colombo, at least 40 were killed as a result of a series of explosions that took place in several cities of Sri Lanka on Easter Sunday, April 21, 2019

Easter Sunday bombings in Sri Lanka: Explosions in hotels and churches kill at least 160

In Colombo, at least 40 were killed as a result of a series of explosions that took place in several cities of Sri Lanka on Easter Sunday, April 21, 2019

Easter Sunday bombings in Sri Lanka: Explosions in hotels and churches kill at least 160

In Colombo, at least 40 were killed as a result of a series of explosions that took place in several cities of Sri Lanka on Easter Sunday, April 21, 2019

Easter Sunday bombings in Sri Lanka: Explosions in hotels and churches kill at least 160
Comments
Russia and NATO terminate cooperation in military and civil areas completely
Russia and NATO terminate cooperation in military and civil areas completely
Russia and NATO terminate cooperation in military and civil areas completely
Russia and NATO terminate cooperation in military and civil areas completely
Does the world need evil?
Declaration of Florence: For an International Front NATO Exit
Declaration of Florence: For an International Front NATO Exit
Easter Sunday bombings in Sri Lanka: Explosions in hotels and churches kill at least 160
Russia bans exports of oil, coal and petroleum products to Ukraine
Russia bans exports of oil, coal and petroleum products to Ukraine
Russia bans exports of oil, coal and petroleum products to Ukraine
Russia bans exports of oil, coal and petroleum products to Ukraine
Russia bans exports of oil, coal and petroleum products to Ukraine
Russia bans exports of oil, coal and petroleum products to Ukraine
Longstanding US Russia Bashing
Putin sends telegram to Macron after Notre Dame fire: Russia ready to help
It was US and UK that sank Russia's Kursk submarine
Declaration of Florence: For an International Front NATO Exit
Oscars so racist
Easter Sunday bombings in Sri Lanka: Explosions in hotels and churches kill at least 160
Terror in the heart of the Netherlands escalates into outburst of nationalism