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Paris declaration to ensure enhanced aid effectiveness

Several ministers of developed and developing countries and heads of international development bodies who met in Paris on March 2, resolved to take far-reaching and monitorable actions to reform the ways they deliver and manage aid.

Their timely declaration on effective use of aid has come at a period when there is growing concern among Sri Lankans as a colossal sum of aid has been pledged for post -tsunami reconstruction.

Minister of Finance & Planning Sarath Amunugama who represented Sri Lanka in this very important Forum of Enhanced Aid Effectiveness had the opportunity to make a presentation on post-tsunami activities being carried out by the Government.

All the ministers and the other representatives had agreed at the forum that while the volumes of aid and other development resources must increase to achieve these goals, aid effectiveness must increase significantly as well to support partner country efforts to strengthen governance and improve development performance.

High powered delegations representing 120 donor and aid receiving countries, participated in this High Level Forum.

The participants at the Paris High-Level Forum issued the "Paris Declaration," in which they will commit their institutions and countries to continuing and increasing efforts in harmonisation, alignment, and managing for results, and set out a set of monitorable actions and indicators to accelerate progress in these areas.

Another principal document coming out of Paris is the "Report on Aid Effectiveness: Review of Progress, Challenges, and Opportunities."

The Forum was held in the Ministry of Economy, Finance and Industry of France under the directive of the French Government and relevant French Ministers were also participated in the event.

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