Arab nations should help alleviate poverty

1st December 2008, Comments 1 comment

Dutch Development Minister Bert Koenders says Arab countries should spend more on development aid.

1 December 2008

AMSTERDAM - Dutch Development Minister Bert Koenders says oil-producing Arab countries should contribute more to the fight against poverty and climate change.

He says that Arab countries only spend one tenth of a percent of their national product on development aid, much less than most industrialised nations.
Mr Koenders made his remarks in a speech given at a UN conference on development financing held in the Qatari capital Doha.  Princess Máxima, the wife of Crown Prince Willem Alexander, is also attending the conference. On Saturday she presented a speech on saving and micro credit.
French President Nicolas Sarkozy is also in Doha. The governments of most other industrialised nations are noticeably absent, as are the International Monetary Fund and the World Bank.

[Radio Netherlands / Expatica]

1 Comment To This Article

  • Slim posted:

    on 2nd December 2008, 10:27:39 - Reply

    Always percentage, no real numbers. Please note that 0.1% of a national product of one of the Arabic countries is sometime more that 10% in some European countries.