The Aid Report

If you are born in Singapore, you are lucky. Life here in Singapore is not easy and it is not always rainbows and butterflies but at least you are eating many times a day and you have a job that can sustain you. There are people who are not that lucky. By now you are old enough to know that there are billions of people who live in an impoverished environment.

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The good thing about this world is that there are people and organizations that continuously do their best to alleviate the life of those living in impoverished environment. There are myriad of Non-government Organizations (NGO) that assist and give opportunities for people to be better. There’s United Nations, International Committee of the Red Cross AusAid, USAid and many more. You hear these organizations most of the time especially if there are calamities.

There are countries that also help people. However, according to the Thomson Reuters Foundation, majority of the rich donor nations missed development aid pledges in the last year (2013). Only 1/3 of the money went to poorest countries. The report was released on October 6, 2014. Here are some details about the aid report that you should know about:

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  • OECD Development Assistance Committee: OECD Development Assistance Committee is alternatively called DAC. The committee’s aid rose to 5.3% every year but in 2013, the aid declined. This is according to the data report presented by The One Campaign. For your information, there are twenty eight members of DAC but only seventeen amplified their Overseas Development Assistance. Despite this, the contribution of seventeen only accounted 0.29% of the member’s national wealth. The United Nations set the target for aid spending at 0.7%.
  • Other countries: Among the G7 member nations, only Britain met the target in 2013. Britain boosted its aid budget to $3.95 billion. The pledge of United States also declines. Other countries like Japan, Norway and Germany increased their aid pledges but Netherlands, Australia, France and Canada showed deterioration because of their budget cuts.

The fight against poverty is relentless and it really needs money, time and effort. Poverty is not only a local issue but a global phenomenon so everyone should do their best to fight it. It is understandable that times are hard now and money is not easy to find but the aid pledges can make a difference at the end of the day. Africa need it most and the government should play their part in alleviating poverty.

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