|
DAILY NEWS ONLINE |
|
|
|
OTHER EDITIONS |
 |
 |
 |
|
|
|
OTHER LINKS |
 |
 |
 |
 |
International community holds itself accountable for better use of aid
The Paris Declaration on Aid Effectiveness was agreed at the High Level Forum by developing and donor countries, the African Development Bank, Asian Development Bank, European Bank for Reconstruction and Development, Inter-American Development Bank, Development Assistance Committee of the OECD, United Nations, and the World Bank. The Forum was hosted by the French government. The Paris Declaration has some 50 commitments to improve aid quality, which will be monitored by twelve indicators. Participants also agreed to preliminary quantitative targets for five of them. They will finalise targets by the time of the United Nations' five-year review of the Millennium Declaration in September. Building on the first High Level Forum in Rome in 2003, twice as many countries and new donor countries participated in Paris. Civil society representatives and parliamentarians were actively involved in the Forum for the first time. "In 2005, poverty and development are the issues of the year. Aid flows to developing countries are on the increase after a sustained drop for many years. So we must demonstrate that we are using that aid effectively. This will give people the confidence that aid helps the poorest people in the world, and that more aid is a sound investment in all our futures," said Richard Manning, Chair of the OECD's Development Assistance Committee. "Progress has been made. But we have to move faster. We don't need more analysis. We know what needs to be done. With the Paris Declaration, we have the blueprint to do it," said James D. Wolfensohn, President of the World Bank during the debate. |
|
|
 |
 |
 |
 |
 |
 |