producing countries to support his call for greater debt relief and aid to poor nations. Britain wants other countries to sign up to its idea to use International Monetary Fund gold reserves to pay for writing off the debts of the world's poorest countries. "Instead of the poorest countries paying up to $15 billion on debt servicing between now and 2015, the poorest countries should have their debt servicing payments wiped out," Brown will say. He has also proposed the creation of an International Finance Facility (IFF) that would raise money available for aid spending now by issuing bonds against future development budgets. So far the idea has not been backed by all G8 members and Brown wants to get a pilot IFF running in the next few weeks to fund vaccination programmes. "If we can agree a go-ahead for this immunisation plan, on the road to a fully fledged international facility in the next 10 years, 5 million lives can be saved and in the 10 years after 2015 another 5 million lives," he will say. --SP 2323 Local Time 2023 GMT
