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g8 arab spring financing pledge

G8 raises Arab Spring financing pledge to $38 bln

G8 raises Arab Spring financing pledge to $38 bln

The IMF promised a further $35 billion in funding to countries affected by Arab Spring uprisings and formally recognised Libya's ruling interim council as a legitimate power, opening up access to a myriad of international lenders as the country looks to rebuild after a six-month war.

September 11, 2011 3:27