Rich nations said to exaggerate aid figures
Saturday 28-05-2005
By Khalid Hasan
Washington: The world’s richest nations greatly exaggerate their aid to poor countries, the US being the worst offender, giving only 0.02 percent of its income in real assistance, according to a study released on Friday by ActionAid International.
… In total, says the study, at least 61 percent of all donor assistance from G7 nations is phantom aid, with real aid in 2003 accounting for just $27 billion, or only 0.1 percent of combined donor income. Nearly 90 percent of all contributions coming from the United States and France are considered phantom aid.
… According to ActionAid, every day, 800 million people go to bed hungry, 30,000 children die of preventable disease, 100 million children are denied education, three children a minute die due to unsafe water and sanitation and about 30 children die a minute of hunger.
Can you imagine Hindustan surviving without charities?