High Level Forum assesses the effectiveness of Development Assistance
2 Sep 2008
Over 1,200 representatives of governments of aidreceiving countries, donor institutions, foundations, parliaments, and civil society organizations gathered here today in the Third High Level Forum (HLF) on Aid Effectiveness, a three-day conference on improving the quality and impact of development assistance.
Each year, donors worldwide countries, international agencies and specialized funds provide nearly US$120 billion in development and humanitarian aid to developing countries, with private contributions adding a further US$20 - 25 billion. Donors, governments, and citizens of donor and recipient countries alike expect this assistance to
be used as effectively as possible. As Donald Kaberuka, President of the African Development Bank, has said: At the root of all we do is the shared conviction that we
must transform the way in which we deliver and use the scarce resources in our trust.
In 2005, when the international community last met in a High Level Forum on this issue, over 100 countries and agencies endorsed the Paris Declaration, committing to carry out
specific actions to improve the effectiveness with which donors provide, and countries use, development funds. For example, countries agreed to put in place realistic strategies
for development and to improve the reliability of their financial management systems; and donors agreed to provide promised aid in a timely way and carry out more assessments and on-site visits jointly with other donors to reduce the administrative burden on developing countries. Most notably, the Paris Declaration contained a framework for monitoring progress on these commitments, including some targets for 2010.
Read the Entire Document...
Source: The World Bank
be used as effectively as possible. As Donald Kaberuka, President of the African Development Bank, has said: At the root of all we do is the shared conviction that we
must transform the way in which we deliver and use the scarce resources in our trust.
In 2005, when the international community last met in a High Level Forum on this issue, over 100 countries and agencies endorsed the Paris Declaration, committing to carry out
specific actions to improve the effectiveness with which donors provide, and countries use, development funds. For example, countries agreed to put in place realistic strategies
for development and to improve the reliability of their financial management systems; and donors agreed to provide promised aid in a timely way and carry out more assessments and on-site visits jointly with other donors to reduce the administrative burden on developing countries. Most notably, the Paris Declaration contained a framework for monitoring progress on these commitments, including some targets for 2010.
Read the Entire Document...
Source: The World Bank
