led war in Iraq. He said it cannot be a good thing for those privileged to live in wealthy countries «to have a large part of the world left behind in the kind of misery and suffering that the people of Africa experience.» To help Africa develop, Wolfowitz said, there has to be plan that combines development assistance, foreign private investment, the development of the private sector and progress in trade talks so Africans can sell what they produce on world markets. «New energy, new commitment and new realism is required and I, as president of the World Bank, am ready to help that great institution make a contribution and a keen effort» to eradicate poverty, promote growth and eliminate corruption. The World Bank's stated mission is to fight poverty and improve the living standards of people in developing countries. It lends about $20 billion (¤16.22 billion) a year for various projects. --More 2145 Local Time 1845 GMT
