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Overview

The UN has issued a new report on progress to-date [PDF]. The report found that there has been significant progress toward the target of halving extreme poverty by 2015, noting that the proportion of people worldwide living on the equivalent of a dollar a day has dropped from 32 per cent (1.25 billion in 1990) to 19 per cent (980 million in 2004).

The report says, a number of African countries are demonstrating that rapid, wide-scale progress towards the MDGs is possible when strong government leadership, sound policies and practical strategies for promoting public investments are combined with adequate financial and technical support from the international community.

However, the Secretary-General says in the report’s foreword, “the lack of any significant increase in Official Development Assistance since 2004 makes it impossible, even for well-governed countries, to meet the MDGs.” The leading industrial nations pledged to double aid to Africa by 2010 at their meeting in Gleneagles in 2005, but total official aid declined in real terms by 5.1 per cent between 2005 and 2006. Only five donor countries have reached or exceeded the United Nations target of allocating 0.7 per cent of their Gross National Income for aid. (See also the July 2007 press release [PDF].)

 

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