AGL 40.00 Decreased By ▼ -0.01 (-0.02%)
AIRLINK 127.00 Decreased By ▼ -0.99 (-0.77%)
BOP 6.68 Increased By ▲ 0.08 (1.21%)
CNERGY 4.49 Decreased By ▼ -0.11 (-2.39%)
DCL 8.60 Increased By ▲ 0.12 (1.42%)
DFML 41.30 Decreased By ▼ -0.18 (-0.43%)
DGKC 86.71 Increased By ▲ 0.13 (0.15%)
FCCL 32.16 Increased By ▲ 0.02 (0.06%)
FFBL 64.70 Decreased By ▼ -0.72 (-1.1%)
FFL 10.29 Increased By ▲ 0.04 (0.39%)
HUBC 109.51 Decreased By ▼ -0.98 (-0.89%)
HUMNL 14.90 Increased By ▲ 0.15 (1.02%)
KEL 5.05 Decreased By ▼ -0.08 (-1.56%)
KOSM 7.40 Increased By ▲ 0.28 (3.93%)
MLCF 41.39 Decreased By ▼ -0.26 (-0.62%)
NBP 60.60 Increased By ▲ 0.51 (0.85%)
OGDC 190.00 Decreased By ▼ -4.69 (-2.41%)
PAEL 27.81 Decreased By ▼ -0.14 (-0.5%)
PIBTL 7.75 Decreased By ▼ -0.25 (-3.13%)
PPL 149.75 Decreased By ▼ -1.42 (-0.94%)
PRL 26.73 Decreased By ▼ -0.15 (-0.56%)
PTC 16.18 Increased By ▲ 0.18 (1.13%)
SEARL 86.02 Increased By ▲ 7.82 (10%)
TELE 7.72 Increased By ▲ 0.33 (4.47%)
TOMCL 35.58 Decreased By ▼ -0.09 (-0.25%)
TPLP 8.14 Increased By ▲ 0.23 (2.91%)
TREET 16.51 Increased By ▲ 0.62 (3.9%)
TRG 53.35 Increased By ▲ 0.59 (1.12%)
UNITY 26.28 Decreased By ▼ -0.27 (-1.02%)
WTL 1.26 Decreased By ▼ -0.01 (-0.79%)
BR100 9,889 Decreased By -31.1 (-0.31%)
BR30 30,611 Decreased By -140.9 (-0.46%)
KSE100 93,355 Increased By 130.9 (0.14%)
KSE30 28,931 Increased By 46 (0.16%)

The world will struggle to meet the Millennium Development Goals on eradicating extreme poverty unless rich countries boost their international aid budgets, UN Secretary-General Ban Ki-moon said on Monday.
Presenting a report at the mid-point, the United Nations chief faulted a lack of development funds for "mixed" progress towards the commitments made in 2000 to cut infant mortality, reduce hunger, combat HIV and boost primary school enrolment.
"The lack of any significant increase in official development assistance since 2004 makes it impossible, even for well-governed countries, to meet the Millennium Development Goals," Ban said.
While fast Asian economic growth has helped cut the number of people living on $1 a day world-wide, the UN report noted challenges in improving safe drinking-water access, boosting child and maternal survival rates, preserving biodiversity and getting more women into the paid workforce.
Sub-Saharan Africa, the poorest corner of the world, has struggled to keep up with other regions, the report said, noting urgent needs in its fight against HIV/AIDS, malaria and tuberculosis, as well as basic medical care and education.
Despite such obstacles, Ban said it should be possible to reach the international goals by 2015 if wealthy countries acted now to bolster international aid flows, and the Group of Eight industrialised nations met pledges to double aid to Africa by 2010.
"Adequate resources need to be made available to countries in a predictable way for them to be able to effectively plan the scaling up of their investments," he said.
Only five countries - Denmark, Luxembourg, the Netherlands, Norway and Sweden - have met a long-standing UN target of devoting 0.7 percent of gross national income to development aid. Last year, donors gave net aid disbursements worth $103.9 billion, or 0.3 percent of their combined national income. The UN report noted significant progress towards the Millennium target of halving the proportion of people living in extreme poverty, a goal it said should be attainable by 2015 if recent trends continue.
About 908 million people, or 19 percent of the developing world population, were living on an income of less than $1 per day in 2004, compared to 1.25 billion people in 1990, when 32 percent were in that category. The proportion of desperately poor people in sub-Saharan Africa decreased more gradually over the period, to 41 percent in 2004 from 47 percent.
But persistently high rates of underweight children in Southern Asia and sub-Saharan Africa are threatening the Millennium target on cutting hunger, and the goal on safe drinking water and basic sanitation access is also far from reach, the report found.
The number of people without access to sanitation in sub-Saharan Africa rose between 1990 and 2004, and could increase further if current trends continue, it said.

Copyright Reuters, 2007

Comments

Comments are closed.