Making aid count

November 2011 - According to new analysis by the Global Monitoring Report team, while global spending on basic education increased from 2008 to 2009, to reach US$5.6 billion, it is still vastly insufficient for the 67 million children who are still out of school. Only around US$3 billion went to the poorest countries, which is far from the US$16 billion needed annually to reach the Education for All goals in these countries.

As global leaders gather in Busan, Korea to discuss aid effectiveness, the Report team warns that not only is the financial crisis jeopardizing aid levels, but that the latest evidence shows that the global movement for more effective aid is making disappointing headway. For aid to reach those most in need, it must contribute to and strengthen government’s own efforts to improve people’s lives.

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