G8 reaches deal for world's poor

Poverty in Africa .

The world's eight richest countries have reached a landmark debt relief deal to alleviate global poverty.
The move provides relief for poor, indebted nations, mostly in sub-Saharan Africa, freeing up much-needed revenue.Announcing the deal at a meeting of G8 finance ministers in London, the UK's Gordon Brown said now was "not a time for timidity but a time for boldness".The UK, which will host a summit of G8 leaders next month, has vowed to make poverty reduction a priority. ( Saturday, 13 June, 2005 ,BBC NEWS)
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