G-20 Leaders Remain Vague on Commitments to World’s Poorest
Not a good start for the “premier forum for international economic cooperation”
The United Nations Millennium Campaign is disappointed that the recently concluded G‐20 meetings ended with nothing more than vague commitments to the needs of the world’s poorest represented by the Millennium Development Goals.
G20 Update
Attention shifts from the United Nations to Pittsburgh as world leaders convene for the G-20 summit. The day-long meeting, hosted by US President Barack Obama, will assess progress toward ending the global economic and financial crises, with agenda items including further plans to regulate and stimulate the global economy, efforts to monitor and limit executive salaries, prioritizing jobs and training a new generation in green jobs, reforming the international financial institutions, strengthening recovery in the world’s poorest countries, and mitigating and adapting to climate change.
Ahead of G-20, New Figures Predict Less Aid and More Debt for Poor Countries Already Hit by Economic Crisis
United Nations Millennium Campaign Warns that Poor Countries Risk Being Left Out of Looming Economic Recovery
Ahead of Friday’s G‐20 summit in Pittsburgh, the United Nations Millennium Campaign is releasing new figures which show that unless rich countries marshal additional resources at the summit, they are likely to deliver $33 billion less aid than promised to the poor countries which are hardest hit by the global economic crisis. At the same time, packages intended to help poor countries address the crisis might drive them deeper into debt.
