Gain Immediate access to our Essays
FREE access exchanged for your work, or pay £9.99
Words: | Submitted: Wed Feb 21 2007
... of people living in absolute poverty is 1.2 billion in 2001. In 2000 the UK was the fourth largest donor, giving $4501 million (about £3007million) out of the global total of $53 billion. In 1997 only 0.26% of the UK's GNP was spent on aid. In 2001 it had increased to 0.31%. This amounts to a 45% increase in aid spending since 1997, but in the opinion of many people, it is still not enough. MEDC's (more economically developed countries) have assured that they will have world poverty halved by 2015. Other Development goals include; getting all children into primary school schooling and breaking the spread of HIV/AIDS. Britain itself has agreed that they will donate 0.7% of its GNP to ODA (the sum of all disbursed grants and concessional loans, including the value of technical help and cooperation, intended to promote economic development and welfare). The world's largest donor ...
FREE access exchanged for your work, or pay £9.99