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22/05/2008 - At the High Level Meeting of the OECD’s Development Assistance Committee in Paris, development ministers from donor countries have agreed to untie aid to Bolivia, Cameroon, Côte d’Ivoire, Ghana, Guyana, Honduras, Nicaragua, and Republic of Congo. In total, all 39 Highly Indebted Poor Countries will now receive untied aid and will be able to buy goods and services locally at the best price.
Reporting on the outcome of the High Level Meeting, the Chairman of the DAC, Mr Eckhard Deutscher, noted that untying aid is a key element in making development co-operation more effective, allowing developing countries to make their own procurement decisions on the basis of sound procurement policies and practice.
In discussions focused on the need to make aid an effective and sustainable contribution to development, ministers committed to making their future aid levels more predictable so that developing countries can plan long-term, sustainable growth.
They also committed to working with developing countries on policies to ensure food security and on measures to adapt to climate change.
A concerted effort to make aid more effective has been underway over the past few years. Ministers from donor and developing countries will evaluate the results and push joint action further when they meet at the High Level Forum on Aid Effectiveness in Accra, Ghana on 2-4 September.
For further information on the DAC High Level Meeting and the OECD’s work on development, journalists are invited to contact Helen Fisher (e-mail: helen.fisher @ oecd.org )in OECD media relations.
For more information aboud aid effectiveness, please visit: www.oecd.org/dac/effectiveness.
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