Financial Times FT.com

Brown proposes tsunami debt moratorium

By FT reporters

Published: January 6 2005 12:22 | Last updated: January 6 2005 12:22

Gordon Brown on Thursday reiterated his call for a new form of Marshall plan to deliver “a once in a generation opportunity” to eliminate global poverty.

Mr Brown, in a keynote speech setting out Britain’s plans for the presidency of the Group of Eight leading industrial nations, proposed an immediate moratorium on debt repayments by nations affected by the Asian tsunami disaster.

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