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MOSCOW, October 10 (Itar-Tass) — The Russian government will establish an agency for international development within the upcoming 1-1.5 months, governor for the Russian Federation in the IMF and the World Bank, ex-finance minister Alexei Kudrin told reporters on Monday.
“Within the upcoming 1-1.5 months the government will create a new agency for international development,” he said.
According to earlier reports, the Russian agency for international development will be controlled by the Finance Ministry and will coordinate its activities with the Foreign Ministry.
The yet-to-be agency’s main task is to develop and control projects of assistance to developing countries.