G8 finance ministers have warned against giving African countries cheap loans that they will struggle to repay.
But in statements issued at the end of a two-day meeting in Germany, the group stressed African countries must manage their own finances responsibly.
Attendees included Britain's next prime minister Gordon Brown and Robert Kimmitt, US Deputy Treasury Secretary.
The G8 countries include the US, Britain, Canada, France, Germany, Italy, Japan and Russia.
See full Article.
Posts
