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"This is a bailout of the IMF [International Monetary Fund], the
World Bank and the African Development Bank. A few days after the Bush-Blair news conference, the United States
and Britain agreed to a $40 billion debt relief program through the
World Bank, International Monetary Fund, and African Development Bank. Other organizations which have already said that they will seek to
use the Commission's guidelines include: the Export-Import Bank of
the United States, which has supported many large dams built by American
firms in developing countries; the Department for International
Development of the British Government; and the African Development Bank. |
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