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Politics : Your Thoughts Regarding France?
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From: Nikole Wollerstein2/5/2005 8:34:34 PM
   of 662
 
"'France and Germany have decided to adopt a joint initiative
to support population growth in Africa that would be financed
by 'airline fuel taxation and charges on plane tickets'""

Finance officials from the two countries approved a statement recognising 'the need for a sizeable increase in stable and predictable resources devoted to development financing.'
It said their proposal, which would be put to other EU countries, would consist of an immunisation programme financed by a mechanism similar to the International Finance Facility (IFF) devised by the UK.
Under the scheme, wealthy countries would guarantee bonds issued by poor nations to raise development funds.
A second measure in the French-German proposal could include 'airline fuel taxation and charges on plane tickets', the statement said.
'The proceeds of such a tax could help tackle the health challenges in the poorest countries, especially in Africa...in particular severe pandemics like AIDS and, importantly, later refinance the pilot IFF.'
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