g8

g8

Western Donors Must Pinpoint Aid at Poorest Countries, Says ONE

1d ago
SOURCE  

Description

The battle to eliminate extreme poverty will require rich western nations to step up their financial help and spend at least half their aid budgets in the world’s poorest countries, a leading development campaign group said on Tuesday. ONE, the organisation co-founded by U2 frontman Bono, said donor nations should reverse the trend of recent years that has seen only 30% of assistance go to the 37 least-developed countries (LDCs). ONE said in a report designed to pressure the G8 leading western nations before their summit in Germany next month, “Total overseas development assistance flows to the least-developed countries have been in worrying decline in recent years. In 2014, total overseas development aid to LDCs fell by 2% compared with 2013 and by 6% compared with 2010.” http://www.theguardian.com/global-development/2015/may/26/western-donors-must-pinpoint-aid-at-poorest-countries-says-one http://www.wochit.com This video was produced by Wochit using http://wochit.com