The world can afford to double aid budget
http://news.independent.co.uk/world/politics/story.jsp?story=3D601955
By Philip Thornton, Economics Correspondent
18 January 2005
A trillion here, a trillion there, and pretty soon you are talking real
money. Yesterday's report by Jeff Sachs, the US economics professor who
heads the United Nations' effort to hit its ambitious millennium
development goals, has no problems with big numbers.
Aid payments must double to $135bn (=A372.5bn) next year, rising to
$195bn by the year 2015, the final deadline for meeting all the UN
goals, he says. This would mean between one and two trillion dollars
over 10 years.
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