SA fin min says IMF gold sales not an option

South African Finance Minister Trevor Manuel said on Monday 13 June that the sale of gold held by the International Monetary Fund was not an option in funding debt relief for poor developing countries any more.

"It is no longer on the table because a different route has been found," Manuel told a news conference in Pretoria.

The Group of Eight (G8) -- Britain, Japan, Canada, the United States, France, Italy, Germany and Russia -- announced a $40 billion deal on Saturday to write off all the mul

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