Home | News    Monday 4 June 2007

Donors fail to fulfill pledges to help Africa - World Bank

separation
increase
decrease
separation
separation

June 3, 2007 (WASHINGTON) — Three years after pledging a doubling of aid for Africa and new opportunities for African exports, donor nations are falling behind in fulfilling their promises, according to a statement released by the World Bank on Sunday.

The assessment came ahead of a meeting of the G8 in Heiligendamm, Germany from June 6 to 8.

With Africa’s economic prospects high on the G8 agenda, the World Bank noted that despite the 2005 Gleneagles Summit, resulting in pledges to increase Africa’s development aid to 50 billion dollars by 2010, foreign assistance for development programs in many African countries remains essentially flat.

Meanwhile, the faltering trade talks under the World Trade Organization’s Doha Round have been another disappointment.

Overall the lagging resource flows come on top of an earlier decline in African assistance: excluding debt relief and emergency food aid, assistance to sub-Saharan African fell by 2.1 percent in real terms from 2004 to 2005.

According to estimates in the World Bank’s 2007 Global Development Finance, net official flows of aid and debt to African countries dropped to 35.1 billion dollars in 2006 from 35.8 billion dollars the previous year.

"The record so far indicates that apart from debt reduction, African countries haven’t realized the benefits promised at the G-8 Summit three years ago, during the Year of Africa," said John Page, the World Bank’s Chief Economist for the Africa Region.

"Many donor countries have increased support for special humanitarian assistance and debt reduction over four decades, but, unfortunately this does not translate into additional resources for African countries to rebuild their infrastructure, train teachers and combat HIV/AIDS and malaria," he said.

(Xinhua)

Comments on the Sudan Tribune website must abide by the following rules. Contravention of these rules will lead to the user losing their Sudan Tribune account with immediate effect.

- No inciting violence
- No inappropriate or offensive language
- No racism, tribalism or sectarianism
- No inappropriate or derogatory remarks
- No deviation from the topic of the article
- No advertising, spamming or links
- No incomprehensible comments

Due to the unprecedented amount of racist and offensive language on the site, Sudan Tribune tries to vet all comments on the site.

There is now also a limit of 400 words per comment. If you want to express yourself in more detail than this allows, please e-mail your comment as an article to comment@sudantribune.com

Kind regards,

The Sudan Tribune editorial team.

Comment on this article



The following ads are provided by Google. SudanTribune has no authority on it.


s
Sudan Tribune

Promote your Page too

Latest Comments & Analysis


Open letter to South Sudan Civil Aviation Authority 2018-09-19 04:05:10 By Telar Ring Deng On the cold morning of 9th September 2018, we were all in utter shock and bewilderment at the very tragic accident that occurred in Eastern Lakes State when a Plane crashed (...)

Sudanese have become prey of mercenaries and Janjawid militias 2018-09-17 09:59:30 By Mahmoud A. Suleiman The Janjaweed bandits have been raging in the land of Darfur in particular and Sudan in general with corruption, havoc and destruction, more than a decade on. The (...)

Khartoum’s peace agreement: A looming disaster 2018-09-15 07:42:34 By Duop Chak Wuol Throughout the South Sudanese peace process, the Sudan People’s Liberation Movement-In Opposition (SPLM-IO) has been faced with serious political issues. These issues make it (...)


MORE






Latest Press Releases


Unity State community in Kenya supports Khartoum peace agreement 2018-08-17 08:33:21 PRESS STATMENT 14th Aug, 2018 Re: We shall Rally behind Khartoum Peace Agreement The Unity State Community Association in Kenya was established in 2010 to organize and mobilize the people of (...)

The Suspension of Hurriyat Online Newspaper 2018-04-29 07:04:37 Sudan Democracy First Group 28 April 2018 The Sudanese civil and political circles and those concerned with Sudan were shocked by the news that the management of Hurriyat online newspaper has (...)

Petition on the Deteriorating Human Rights and Humanitarian Situation in Sudan 2018-04-22 10:01:20 UN Secretary-General, New York African Union Commission, Addis Ababa UN High Commissioner for Human Rights, Geneva Petition on the Deteriorating Human Rights and Humanitarian Situation in Sudan (...)


MORE

Copyright © 2003-2018 SudanTribune - All rights reserved.