World Bank hopes on debt relief

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World Bank hopes on debt relief

http://newsimg.bbc.co.uk/media/images/40830000/jpg/_40830858_wwolfowitz203bap.jpg The World Bank’s president says challenges on debt relief lie ahead

World Bank President Paul Wolfowitz has said he is hopeful that “real progress” can be made to implement a debt relief deal for the world’s poorest countries. But he warned winning endorsement for a deal struck by leading rich nations earlier this year remained challenging

The deal aims to cancel $40bn (£22bn) in debt owed to international lenders by poorer nations, mostly in Africa.

news.bbc.co.uk/2/hi/business/4272760.stm
 
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