Posted AT 2:59 PM EDT on 12/11/06
Ottawa pledges millions to break cycle of world poverty
HALIFAX, N.S. — The federal government pledged more than $40-million on Sunday towards microfinance projects in Asia, Africa and Latin America that help poor people access financial services.
Foreign Minister Peter Mackay said the money will be dispersed through Développement International Desjardins, Canadian Co-operative Association and Oxfam Québec.
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