Newsletter
Weather
Community
English home Forum Photo Gallery Features Newsletter Archive   About US Help Site Map
China
World
Opinion
Business
Sci-Edu
Culture/Life
Sports
Photos
 Services
- Newsletter
- Online Community
- China Biz Info
- News Archive
- Feedback
- Voices of Readers
- Weather Forecast
 RSS Feeds
- China 
- Business 
- World 
- Sci-Edu 
- Culture/Life 
- Sports 
- Photos 
- Most Popular 
- FM Briefings 
 Search
 About China
- China at a glance
- China in brief 2004
- Chinese history
- Constitution
- Laws & regulations
- CPC & state organs
- Ethnic minorities
- Selected Works of Deng Xiaoping

Home >> World
UPDATED: 10:25, July 06, 2005
G8 summit can boost Africa's chances of meeting MDGs: ECA
font size    

The United Nations Economic Commission for Africa (ECA) on Tuesday welcomed the G8 summit in Gleneagles, Scotland this week, saying that it can play an important part in spurring Africa's progress towards meeting the Millennium Development Goals (MDGs).

While it is true that under current conditions, most sub- Saharan countries will fail to meet the goals, the outlook is not all bleak, said a press release from the ECA headquarters.

"This progress currently presents a mixed picture," said the press release.

Countries must be looked at individually and the MDGs themselves should be considered as targets to trigger action, rather than just technically feasible goals for Africa, it said, and reducing poverty in Africa is not just a question of doubling aid.

"While its value in meeting the MDGs cannot be minimized, the quality of aid is of critical importance. In the past, quality has been compromised by donors' restrictive delivery methods and by poor governance on the part of beneficiary countries," ECA said.

But recent years have witnessed improvements in governance and accountability, as well as in the delivery of aid, it said, adding that this has had a positive effect on the use of aid in a number of countries.

The ECA said various sub-Saharan nations are heading in the right direction to meet some of the MDGs.

It is essential to tackle inequality and accelerate economic growth simultaneously to have a greater impact on poverty reduction, it said.

Over the past 10 years, African economies have grown at an average annual rate of 3.7 percent, the highest in the world. But at least 7 percent growth is needed to have any sustainable effect on poverty.

The devastating effect of the HIV/AIDS pandemic threatens to wipe out any social and economic gains on the continent, it said.

However, it said regional integration can help overcome some of these problems. Pooling resources and experience can encourage common solutions and serve as a catalyst for the continent's sustained development.

Source: Xinhua


Comments on the story Comment on the story Recommend to friends Tell a friend Print friendly Version Print friendly format Save to disk Save this


   Recommendation
- Text Version
- RSS Feeds
- China Forum
- Newsletter
- People's Comment
- Most Popular
 Related News
- Developing nations' role at G8

- What could G8 summit achieve?

- G8 protesters face charges in court

- Africa calls upon G8 to cancel all debts

Online marketplace of Manufacturers & Wholesalers

Copyright by People's Daily Online, all rights reserved