Published on Pambazuka News (https://www.pambazuka.org)

Home > Africa: Poor Are Paying the Price of Rich Countries' Failure, says Oxfam

Contributor [1]
Thursday, December 9, 2004 - 02:00
Categories: 
Development [2]
Issue Number: 
186 [3]
Article-Summary: 

A new report from Oxfam, 'Paying the Price', finds that rich countries' aid budgets are half what they were in 1960 and poor countries are paying back a staggering $100 million a day in debt repayments. Oxfam also calculates that 97 million more children will be out of school by 2015 unless urgent action is taken. Jeremy Hobbs, Oxfam's Executive Director, said: "The world has never been wealthier, yet rich nations are giving less and less. Across the globe, millions of people are being den...read more [4]

A new report from Oxfam, 'Paying the Price', finds that rich countries' aid budgets are half what they were in 1960 and poor countries are paying back a staggering $100 million a day in debt repayments. Oxfam also calculates that 97 million more children will be out of school by 2015 unless urgent action is taken. Jeremy Hobbs, Oxfam's Executive Director, said: "The world has never been wealthier, yet rich nations are giving less and less. Across the globe, millions of people are being denied the most basic human needs - clean water, food, health care and education. People are dying while leaders delay debt relief and aid."

Category: 
Governance [5]
Oldurl: 
http://www.pambazuka.org/en/category.php/development/26002 [6]

Source URL: https://www.pambazuka.org/node/26329

Links
[1] https://www.pambazuka.org/author/contributor
[2] https://www.pambazuka.org/taxonomy/term/3303
[3] https://www.pambazuka.org/article-issue/186
[4] https://www.pambazuka.org/print/26329
[5] https://www.pambazuka.org/taxonomy/term/3274
[6] http://www.pambazuka.org/en/category.php/development/26002