CTindex - Christian Today UK Interactive Catalogue
World

Niger says receives $3 billion in donor pledges

Niger said on Saturday it had received pledges for more than $3 billion in aid at donors' meeting in Brussels this week to finance a five year plan to reduce one of the world's highest poverty rates.

Posted: Sunday, October 28, 2007, 8:32 (GMT)
Font Scale:A A A

NIAMEY - Niger said on Saturday it had received pledges for more than $3 billion in aid at donors' meeting in Brussels this week to finance a five year plan to reduce one of the world's highest poverty rates.

Government spokesman Ibou Gueye told state radio that President Mamadou Tandja's administration would seek additional funds in bilateral talks over the coming months, following the Oct 25-26 meeting in the Belgian capital.

"Our partners have announced more than 3 billion dollars, or more than 1,500 billion CFA francs, to reduce the poverty rate in Niger," he told the radio station.

Niger hopes to reduce its poverty rate to 42 percent by 2015, from 62 percent at present.

The 2008-2012 Strategy for Accelerated Development and Poverty Reduction (SDA/RP) envisaged an economic growth rate of 7 percent a year but requires 7,600 billion CFA in financing.

Landlocked Niger, which has more than 13 million inhabitants, came bottom last year on the United Nations' development index of 177 countries, which measured wealth, life expectancy and education levels.

Poverty in Niger is aggravated by one of the highest population growth rates in the world of 3.3 percent a year.



© Reuters 2007. All rights reserved. Republication or redistribution of Reuters content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Reuters.
Have your say on this article
Light for Last Days
Google Advertisement
Externally generated - Report offensive links here
Universal Beneficent Society
World Headline
Church leaders call for end to Congo crisis

Church leaders call for end to Congo crisis

Church leaders have issued a joint statement calling for an end to the crisis in Congo, where fighting between...
Sponsored Features
Give a disadvantaged young person a brighter future this Christmas. Order books for all ages commending the free and sovereign grace of Almighty God.
01582 765448 For holidays and retreats in the Scottish borders. Whitchester Christian Guest House 01450 377 477 Friendly printing company for churches, charities and businesses nationwide!
Sanct Maria Abbey, NUNRAW
Cistercian Monastery and Guest House
Bookings: 01620 830 228
Email: nunraw.abbot@yahoo.co.uk
Google Advertisement
Externally generated - Report offensive links here