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. Last Updated: 07/27/2016

World Bank Loans




MOSCOW -- Russia and the World Bank plan at the end of the week to sign loans worth $800 million for various sectors, officials said Wednesday, the first major credits since Russia was hit by crisis last August.


Johannes Linn, World Bank vice president for Europe and Central Asia, is to sign an agreement Friday on a $400 million loan for the creation and development of road networks in Siberia and the Far East, a bank spokeswoman said.