Philippines brace for more Oct 23, 2009
Meanwhile, Filipino and World Bank officials said the country would seek international aid to rebuild as the government began a "post-disaster needs assessment" with multilateral aid agencies. "The huge tasks at hand both in terms of short-term recovery and long-term reconstruction demand no less than a concerted response from all sectors of society and the global community," Finance Secretary Margarito Teves said. (iAfrica.com)
Isolated Honduras hunkers down Jul 12, 2009
"We have to guarantee food security given this critical situation but if there are job losses and investment projects are stalled (due to cuts in multilateral aid), that would be really serious," Nunez said. Economic sanctions would hammer a land where 70 percent of the more than 7 million population is poor. (Yahoo News -- Press Releases)
ANALYSIS-Sri Lanka IMF war row shows geopolitics matters May 16, 2009
9 billion IMF loan -- with its conduct in its civil war becoming a key sticking point -- is a rare glimpse into how geopolitical importance can influence multilateral aid. While fellow troubled emerging economies Ukraine and Pakistan have also had their disputes with the International Monetary Fund, many investors feel they are simply too geopolitically crucial to be allowed to default. (AlertNet)
Aid comes before human rights Apr 13, 2009
40% of the funds go towards multilateral aid, including UN agencies. Last year non-governmental organisations contributed a further SFr500 million. (SwissInfo.org, Switzerland)
Increased Commitment to Fostering Prosperity in Africa by Developed Countries: Apr 7, 2009
Its a big mistake and waste of time engaging in blame game with donor governments and multilateral aid organizations on aid ineffectiveness. The underlying issue is that the poor soil in this country will never support the growth and as such benefits of these aids received. (Ghana Web, Ghana)
Africa: The Nettlesome Question of Aid Mar 12, 2009
Moyo argues that rather than bilateral and multilateral aid being part of the solution, they are in fact part of the problem ... While Dead Aid criticises bilateral and multilateral aid, it also offers some alternatives to prevailing policy, such as the increased use of global capital markets by African policy-makers to raise investment funds: Moyo does not believe that the current financial environment should be a deterrent. (allAfrica.com)
Ghana Oil & Gas Update Feb 27, 2009
This has prompted some experts to argue that oil will generate the greatest cash inflow into the continent ever recorded, in quantities more than 10 times the total amount of annual multilateral aid. A cynic may point out that aggregate capital flight out of Africa alone is roughly $300 billion, and that over the past five decades the continent has received nearly $700 billion in so-called "development aid" seemingly to little economic effect. (Ghana Web, Ghana)
Aid agency pledges flexibility to tackle crisis Feb 7, 2009
He said Switzerland could adapt its programmes and seek to influence multilateral aid on an international level ... 40% of the funds goes towards multilateral aid, including UN agencies. (SwissInfo.org, Switzerland)
