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International News

African Finance Ministers Meet in Nigeria to Fight Poverty, AIDS

From U.S. Centers for Disease Control and Prevention

May 16, 2005

On Saturday, African finance ministers assembled in Abuja, Nigeria, for a two-day conference of the UN's Economic Commission for Africa. Officials said the continent is unlikely to meet the Millennium Development Goals of halving poverty and boosting the fight against HIV/AIDS by 2015. Delegates asked developed nations to double financial aid to $50 billion and to forgive billions of dollars in debt, actions supported by Britain's Commission for Africa report. Prime Minister Tony Blair hopes the report's recommendations will be adopted at a July G-8 meeting in Scotland. France, Germany and Italy support establishing an International Finance Facility to leverage money for Africa by issuing bonds on global capital markets. Japan and the United States do not back the idea.

Back to other news for May 16, 2005

Adapted from:
Associated Press
05.14.05; Daniel Balint-Kurti

  
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This article was provided by U.S. Centers for Disease Control and Prevention. It is a part of the publication CDC HIV/Hepatitis/STD/TB Prevention News Update. Visit the CDC's website to find out more about their activities, publications and services.
 
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