World debt write off tied to reforms

"A statement released by the British Treasury on behalf of the G8 ministers said the World Bank and IMF would be asked to report on improvements on transparency and the drive against corruption, "to ensure that all resources are used for poverty reduction."

"We believe that good governance, accountability and transparency are crucial to releasing the benefits of the debt cancellation. We commit to ensure this is reaffirmed in future bilateral and multilateral assistance to these countries."......


Hope they're successful since they've got a big job ahead of them