Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-06-08-Speech-3-392-500"
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"en.20110608.20.3-392-500"2
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"The upcoming instrument for funding development cooperation will have to have sufficient amounts at its disposal at the end of the Millennium Development Goals (MDGs). Donor countries should respect their commitment to set aside 0.7% of their GDP to Official Development Assistance (ODA) by 2015. As I have already said, nothing justifies a reduction in aid. Official Development Assistance currently represents more than USD 120 billion. We can do more and better. However, doing more and doing better is not just a case of increasing resources. The inclusion of the European Development Fund (EDF) in the budget would be significant progress as long as it does not lead to a reduction in total funding amounts at EU level. I am also in favour of ‘more’ budgetary aid, whether general or sector-specific, and fewer projects whenever the macro-economic and governance criteria allow. Firstly, it would make it possible to mobilise financial resources quickly in order to rebuild or consolidate the State. Secondly, it is the only kind of aid for which we can be sure that it will be absorbed in an optimal way. Finally, I believe that we need to ensure that this aid is more effective."@en1
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