The Millennium Development Goals (MDGs), which set clear targets for reducing poverty, hunger, disease, illiteracy, environmental degradation, and discrimination against women by 2015 can be seen as operationalising the objectives of sustainable development. Sustained growth is a fundamental determinant of reducing poverty because it enables households to increase their income expenditure and it also provides the government with resources to provide infrastructure and social services, states Professor Ibrahim Lipumba from the University of Dar es Salaam in the paper for a November 2004 conference of the G24. But, says Lipumba, even with 100 percent debt cancellation, improved governance and effective public expenditure prioritization, domestic resources will not be adequate to break the poverty trap, and additional external assistance will be required.
Jan 13, 2005
































