FROM SCRATCH NEWSWIRE

SCAVENGING THE INTERNET

THE POOR ARE PAYING THE PRICE OF RICH COUNTRIES’ FAILURE – OF THE AVERAGE $50 BILLION A YEAR IN AID PROVIDED BY THE G7 COUNTRIES – CANADA, FRANCE, GERMANY, ITALY, JAPAN, UK AND THE UNITED STATES – ONLY ABOUT 40 PER CENT OF THE MONEY IS SPENT IN POOR COUNTRIES; THE REST OF IT IS “TIED” TO PURCHASES OF G7 GOODS AND SERVICES AND IS SPENT IN THE WEALTHY COUNTRIES THEMSELVES – EVEN THEN, MUCH OF THE AID IS LATE IN ARRIVING

Posted by Gilmour Poincaree on January 3, 2009

December 29, 2008

by Kaleem Omar

PUBLISHED BY ‘THE DAILY JANG’ (Pakistan)

CLICK HERE FOR THE ORIGINAL ARTICLE

PUBLISHED BY ‘THE DAILY JANG’ (Pakistan)

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