Posts Tagged ‘Oecd’

A debate over raising the price of water

A big debate has flourished this week about water prices. Some elected officials, water experts and businessmen are calling for an increase in the price for water.

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OECD says that international aid is “off-track”

From IRIN, the OECD weighs in on international aid and the gap between aid pledges and commitments.

Members of the Organisation for Economic Coooperation and Development’s (OECD) Development Assistance Committee (DAC) gave US$121.5 billion in bilateral aid in 2009, reaching a historic high, but the gap between commitments and promises made in 2005 is widening, says the UK’s Overseas Development Institute (ODI).

In 2005 DAC donors collectively promised to commit 0.56 percent of gross national income to aid by 2010, but reached just 0.31 percent in 2009, according to OECD’s 2010 aid report issued on 23 April.

“Though aid commitments have continued to increase, the rate of increase has dropped off in the past few years…making donors increasingly off-track,” ODI research fellow Alison Evans told IRIN.

DAC donors gave $27 billion to Africa in 2009, an increase of 3 percent on 2008, but this is still less than half of the extra aid they promised at Gleneagles in 2005, said Evans.

Norway, France, the UK, Korea, Finland, Belgium and Switzerland all increased their aid commitments, while Japan, Greece, Ireland, Spain and Portugal, among others, reduced theirs.

“For EU [European Union] members these DAC figures are particularly sobering,” Evans told IRIN.

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G-8 falling short of promises, again

A think tank that monitors international aid contributions says that the G-8 is falling way short of meeting their pledges. In the 2005 Gleneagles summit, the G-8 promised an extra 25 billion pounds in aid to poor countries, so far they have contributed less than half of that.

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World – Tax evasion threat to development

Angel Gerri

The global economic slowdown will hit the poorest nations hardest. Demand for their exports is falling.

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