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Chancellor Goes Global with Africa Rescue Plan; GORDON BROWN TELLS G7 SUMMIT TO BACK $50 BILLION AID PACKAGE

The Evening Standard (London, England), February 4, 2005 | Article details

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Chancellor Goes Global with Africa Rescue Plan; GORDON BROWN TELLS G7 SUMMIT TO BACK $50 BILLION AID PACKAGE


Byline: JASON BEATTIE;JUSTIN DAVENPORT

GORDON BROWN stepped up efforts to secure international backing for his African aid package as business leaders and G7 finance ministers met in London today.

Tight security surrounded the two-day gathering, which is being attended by world economists, bank governors and government ministers.

The Chancellor used the meeting - one of the biggest events in the financial calendar - to urge America and Japan to support his ambitious International Finance Facility (IFF).

Mr Brown has already secured the backing of the leading European nations for the scheme, which would provide $50billion a year to help the African …

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