10 Nov: Most Countries Far Short of ODA Target Figure 10 Years after Monterrey Consensus
More than 10 years after the Monterrey Consensus was adopted, most countries remained well short of allocating 0.7 per cent of their gross national product (GNP) to official development assistance (ODA), and sharp reductions planned in response to the global economic and financial crisis made for a bleak forecast of future growth in foreign aid, the President of the Economic and Social Council told the Second Committee at a panel discussion today.

More information: http://www.un.org/News/Press/docs//2011/gaef3326.doc.htm

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