The members of the group of the world's leading industrialized countries and other donor nations assumed commitments to increase the official annual aid to African countries by $25 billion up to 2010, which is twice as much as the 2004 allocations, a document adopted at the summit said.
The document also emphasized the need to help the development of poor countries in Africa and all over the world.
G8 countries and other donors will increase aid to all developing countries by $50 billion a year, as compared with 2004, until 2010.
Russia is now a major creditor for developing nations. According to various estimates, third countries owe Russia $100-130 billion.
In the past five years, Moscow has written off over $30 billion of poor countries' debts.
