WKYT | Lexington, Kentucky | News

G-8: World banks to give $20B for Arab Spring

DEAUVILLE, France (AP) - Officials say that rich countries and international lenders are aiming to provide $40 billion in funding for Arab countries trying to establish free democracies.
Tunisia's finance minister says leaders of the Group of Eight industrialized nations floated the figure at a summit in this French resort Friday.
A French official says $40 billion is the overall goal, but that breakdowns by country and timetables are still under discussion. The official was not authorized to be publicly named according to his office policy.
The prime ministers of Tunisia and Egypt met today with President Barack Obama and other G-8 leaders and appealed for help after uprisings earlier this year that overthrew longtime autocrats but also scared away tourists and investors.

Comments are posted from viewers like you and do not always reflect the views of this station.
powered by Disqus


2851 Winchester Rd. Lexington, Ky 40509 859-299-0411 - switchboard 859-299-2727 - newsroom
Register for Email
RSS Feeds
Copyright © 2002-2015 - Designed by Gray Digital Media - Powered by Clickability 122716594 - wkyt.com/a?a=122716594
Gray Television, Inc.