UN report asks rich nations to hike aid

UN report asks rich nations to hike aid

UNITED NATIONS, JANUARY 18: An international team of experts sponsored by the United Nations on Monday proposed a detailed, ambitious plan it says could halve extreme poverty and save the lives of millions of children and hundreds of thousands of mothers each year by 2015.

The report says drastically reducing poverty in its many guises — hunger, illiteracy, disease — is ‘‘utterly affordable’’. To fulfill this goal, industrialised nations would need to roughly double aid to poor countries from a quarter to a half of one per cent of their national incomes.