G-20

In a move to help reduce poverty and boost economic growth in sub-Saharan African countries the International Monetary Fund plans to provide these nations with financing in $11 billion of loans, as it was reported by the fund Managing Director Dominique Strauss-Kahn.

The ability of the IMF to provide the so-called special drawing rights to African states depends on the Group of 20 nations ratifying commitments made at a summit in London last month, said Strauss-Kahn.

On November 14-15 Washington has hosted the summit which has gathered together the leaders of 20 most powerful countries in the world including: Argentina, Austria, Brazil, Canada, China, France, Germany, the Great Britain, India, Indonesia, Italy, Japan, Mexico, the Republic of South Africa, Russia, Saudi Arabia, South Korea, Turkey, the USA.