From Africa Recovery, Vol.14#1 (April 2000), Briefs page

Leaders in Libreville pledge to fight poverty

At a summit meeting held in January in Libreville, Gabon, 21 African heads of state pledged to halve poverty by 2015, reduce unnecessary spending and improve education, health and basic infrastructure. They promised to step up the fight against AIDS and renewed their appeal for the cancellation of Africa's debts. Participants included then Managing Director of the International Monetary Fund (IMF), Mr. Michel Camdessus, and African Development Bank President Omar Kabbaj. The leaders adopted the Libreville Document, which endorsed the IMF and World Bank's concessional lending policies. Mr. Camdessus said the Declaration would serve as "the bible for action for the IMF and the World Bank in the years to come."


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