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Aid 'shortfall' to poorer nations | Aid 'shortfall' to poorer nations |
(30 minutes later) | |
Aid to developing countries from richer nations will fail to hit aid targets set five years ago at the Gleneagles summit, a study has suggested. | Aid to developing countries from richer nations will fail to hit aid targets set five years ago at the Gleneagles summit, a study has suggested. |
Total aid will be $107bn (£68bn) in 2010 against 2005 pledges of $128bn, the Organisation for Economic Co-operation and Development has forecast. | Total aid will be $107bn (£68bn) in 2010 against 2005 pledges of $128bn, the Organisation for Economic Co-operation and Development has forecast. |
Many countries will hit their targets, the OECD added, but others, including Greece and Italy, will not. | Many countries will hit their targets, the OECD added, but others, including Greece and Italy, will not. |
Aid agency Oxfam described such "broken promises" as "a scandal". | |
"Rich countries have no excuse for failing to deliver the aid increases they promised five years ago at Gleneagles," said Max Lawson at Oxfam. | |
These commitments were made and confirmed repeatedly by heads of governments and it is essential that they be met to the full extent Eckhard Deutscher, chairman, Development Assistance Committee | |
"The missing $21bn could pay for every child [in the world] to go to school and could save the lives of two million of the poorest mothers and children." | |
Africa will suffer the biggest shortfall in aid, the OECD said. | |
The continent is likely to receive just $12bn of the $25bn pledged. | The continent is likely to receive just $12bn of the $25bn pledged. |
Missing targets | Missing targets |
In 2005, 15 countries committed to give a minimum of 0.51% of their national income in 2010 to developing nations. | In 2005, 15 countries committed to give a minimum of 0.51% of their national income in 2010 to developing nations. |
Some have honoured these commitments, with Sweden and Luxembourg set to donate 1% of their income this year. | Some have honoured these commitments, with Sweden and Luxembourg set to donate 1% of their income this year. |
The OECD said other countries set to reach the target were Denmark (0.83%), the Netherlands (0.8%), Belgium (0.7%), the UK (0.56%), Finland (0.55%), Ireland (0.52%) and Spain (0.51%). | The OECD said other countries set to reach the target were Denmark (0.83%), the Netherlands (0.8%), Belgium (0.7%), the UK (0.56%), Finland (0.55%), Ireland (0.52%) and Spain (0.51%). |
The countries that are not are France (0.46%), Germany (0.4%), Austria (0.37%), Portugal (0.34%), Greece (0.21%) and Italy (0.2%). | The countries that are not are France (0.46%), Germany (0.4%), Austria (0.37%), Portugal (0.34%), Greece (0.21%) and Italy (0.2%). |
Other countries made varying commitments and most, including the US, Canada, Australia and New Zealand, will meet them, the OECD said. | Other countries made varying commitments and most, including the US, Canada, Australia and New Zealand, will meet them, the OECD said. |
The chairman of the Development Assistance Committee of donor countries, Eckhard Deutscher, said that although aid had increased strongly, "underperformance by [some members], notably Austria, France, Germany, Greece, Italy, Japan and Portugal means overall aid will still fall considerably short of what was promised". | The chairman of the Development Assistance Committee of donor countries, Eckhard Deutscher, said that although aid had increased strongly, "underperformance by [some members], notably Austria, France, Germany, Greece, Italy, Japan and Portugal means overall aid will still fall considerably short of what was promised". |
"These commitments were made and confirmed repeatedly by heads of governments and it is essential that they be met to the full extent." | "These commitments were made and confirmed repeatedly by heads of governments and it is essential that they be met to the full extent." |
Of the $21bn shortfall for 2010, the OECD said $17bn was due to countries giving less than they had pledged, with $4bn down to lower-than-expected national incomes. | Of the $21bn shortfall for 2010, the OECD said $17bn was due to countries giving less than they had pledged, with $4bn down to lower-than-expected national incomes. |
Despite the shortfall, aid to developing economies will reach record levels in dollar terms, after increasing by more than a third since 2004, the group added. | Despite the shortfall, aid to developing economies will reach record levels in dollar terms, after increasing by more than a third since 2004, the group added. |