Financial Times FT.com

Agreement on African debt relief in sight as Bush pledges extra resources

By Caroline Daniel and Ben Hall in Washington and Chris Giles in,London

Published: June 8 2005 03:00 | Last updated: June 8 2005 03:00

President George W. Bush yesterday paved the way for an agreement on multilateral debt relief for Africa when in a change of tack he promised "additional resources" would be made available to the World Bank.

Speaking at the White House, flanked by Tony Blair, Mr Bush presented a show of unity on reform and development in Africa, which will be the centrepiece of next month's Group of Eight summit at Gleneagles in Scotland.

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