Wednesday, July 14, 2004

Pope Pushes for Millennium Development Goals

The Pope is using the networking power of the Catholic Church to establish a "Coalition of Support and Promotion for the Financing of Development," and has organized a conference for this Friday to be attended by officials of the UN, World Bank, IMF, as well as representatives from the Catholic hierarchy, national governments, and nongovernmental organizations.

"Poverty and Globalization: Financing for Development, Including the Millennium Development Goals" is the theme of the conference.

The Pontifical Council for Justice and Peace commented that "Special attention will be given to the present situation of the international debt and innovative financing proposals... The objective of the project is to collect funds that will make it possible to obtain the $50 billion needed annually to achieve the millennium's objectives before 2015."

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