Staff Reporter :
At an international workshop on Aid Reality in the city on Tuesday speakers laid emphasis on mobilizing development assistance that suit the needs of the poor in the least developed nation to reduce the poverty and bring improvement to their living standard.
Speaking at the inaugural session of the event Erin Ruth Palomares, Coordinator
of Reality of Aid for Asia Pacific region said poor and developing nations get huge donations from developed countries and donor agencies and Bangladesh stands one of the big recipients of it. But its utilization is not satisfactory while the benefits are missing the targets.
She laid emphasis on strengthening the implementation of the development programs to achieve the desired development goals in eradicating poverty and income inequality in the society.
To achieve the development targets, she has suggested co-operation and partnership
of civil society organizations (CSOs) in the country to ensure achieving real
growth in the emerging economies like Bangladesh. She was especially critical of the need for accountability, transparency and monitoring of the donors assisted development programmes saying that development assistance is not enough, its targeted use is key to combating poverty.
The workshop was jointly organised by Equity BD, ROA and Asia-Pacific Research Network (APRN) at Sahida Quader Auditorium of COAST Principal Office in the city.
Developed economies have the responsibilities to help the underprivileged people
in the emerging economies because large number of people is poor there and they are poor because the rich within the country and from the developed nations left them poor over decade long exploitation.
Currently World Bank and Asian Development Bank approved so much foreign loans for infrastructure development in developing countries, but in absence of proper policy regimes they are not producing enough benefits, she said.
She suggested strengthening of national policies and institutional frameworks for better implementation of development projects to protect fundamental human and labour rights and remove their deprivation.
Jodel C Dacara, Program Officer of APRN said multilateral donor agencies have increased financial flows to the private sector ten-fold since 1990 to reach more than $40 billion a year.
Disbursements are projected to exceed $100 billion by 2015, which would represent almost one-third of external public finance to developing countries. But the question is if the fund is not targeted to recipients’ needs and more based on supply side, it is rather creating mismatch at the end.
A good number of participants across the country took part in the workshop.
At an international workshop on Aid Reality in the city on Tuesday speakers laid emphasis on mobilizing development assistance that suit the needs of the poor in the least developed nation to reduce the poverty and bring improvement to their living standard.
Speaking at the inaugural session of the event Erin Ruth Palomares, Coordinator
of Reality of Aid for Asia Pacific region said poor and developing nations get huge donations from developed countries and donor agencies and Bangladesh stands one of the big recipients of it. But its utilization is not satisfactory while the benefits are missing the targets.
She laid emphasis on strengthening the implementation of the development programs to achieve the desired development goals in eradicating poverty and income inequality in the society.
To achieve the development targets, she has suggested co-operation and partnership
of civil society organizations (CSOs) in the country to ensure achieving real
growth in the emerging economies like Bangladesh. She was especially critical of the need for accountability, transparency and monitoring of the donors assisted development programmes saying that development assistance is not enough, its targeted use is key to combating poverty.
The workshop was jointly organised by Equity BD, ROA and Asia-Pacific Research Network (APRN) at Sahida Quader Auditorium of COAST Principal Office in the city.
Developed economies have the responsibilities to help the underprivileged people
in the emerging economies because large number of people is poor there and they are poor because the rich within the country and from the developed nations left them poor over decade long exploitation.
Currently World Bank and Asian Development Bank approved so much foreign loans for infrastructure development in developing countries, but in absence of proper policy regimes they are not producing enough benefits, she said.
She suggested strengthening of national policies and institutional frameworks for better implementation of development projects to protect fundamental human and labour rights and remove their deprivation.
Jodel C Dacara, Program Officer of APRN said multilateral donor agencies have increased financial flows to the private sector ten-fold since 1990 to reach more than $40 billion a year.
Disbursements are projected to exceed $100 billion by 2015, which would represent almost one-third of external public finance to developing countries. But the question is if the fund is not targeted to recipients’ needs and more based on supply side, it is rather creating mismatch at the end.
A good number of participants across the country took part in the workshop.
