Wednesday, March 11, 2009

A Step Backwards from the MDGs?

According to international development secretary Douglas Alexander, the current financial crisis could push back by three years the global advancement towards the Millennium Development Goals. Research from the Department for International Development also gives a grim forecast, predicting that another 90 million people will be pushed under the poverty line by the end of next year. Alexander's proposed solutions include the creation of a "rapid response fund" to help the world's most vulnerable people and a "global poverty alert" to update people about the effects of the crisis on poverty. Alexander also believes that the World Bank should increase and speed up foreign aid payments.
Source: The Guardian