From: Biniam Haile \(SWE\) (eritrea.lave@comhem.se)
Date: Thu Mar 19 2009 - 11:06:24 EST
Call for IMF gold sale to aid Africa
By William Wallis in London
Published: March 18 2009 02:22 | Last updated: March 18 2009 02:22
The International Monetary Fund should be allowed to sell some of its
gold reserves to cushion Africa from the global economic crisis, African
countries will argue at next month’s Group of 20 summit.
Meles Zenawi, Ethiopia’s prime minister, representing the continent,
said the sell-off could raise between $5bn (€3.8bn, £3.6bn) and $15bn to
be channelled through the IMF, World Bank and other multilateral
institutions.
http://www.ft.com/cms/s/0/e42b235a-1343-11de-a170-0000779fd2ac.html?ncli
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