|
THE
World Bank Global Monitoring Report 2007 found a decline
in official development assistance, particularly debt
relief, that could hamper achievement of the Millennium
Development Goals. It noted, however, the emergence of
nontraditional donors such as China, Brazil and India as
well as private foundations like the Bill and Melinda
Gates Foundation, which contributed over $6.6 billion
for global health programs.
“The
expansion in global aid has stalled. After climbing to a
record high in 2005 . . . ODA fell 5 percent in 2006” to
$103.9 billion for eligible developing countries from
$106.8 billion in 2005.
Philippine net ODA receipts in 2005 were $562 million
from $572 million five years before, mostly technical
cooperation grants amounting to $247 million, and
infrastructure at $279 million. Only $36 million was
related to food and emergency aid grants, probably for
relief operations to typhoon victims.
“2007
could see a noticeable fall in ODA as debt relief
continues to decline. Other forms of aid will have to
expand very rapidly in 2008–10 for donor promises of an
additional $50 billion in annual aid to be met by 2010,”
said the bank report.
But it
said nontraditional donors and private foundations are
stepping into areas where traditional donors have
largely exited, with some mixing concessional and
nonconcessional funds into productive sectors and
physical infrastructure.
“Private
giving through foundations, charities and other
nongovernmental organizations is on the rise as well.
Reported aid flows from private citizens more than
doubled over 2001–05, reaching $14.7 billion. Private
sources have a significant role in mobilizing resources
and setting policies for certain activities, including
humanitarian and disaster relief and research into
vaccines and tropical diseases.” |
