|[Published: Thursday November 03 2011]
Gates tells G20 leaders not to abandon the world’s poor
Cannes, France, 03 Nov – (ANA) - Bill Gates, co-chair of the Bill & Melinda Gates Foundation, has urged leaders of the G20 Summit in France to commit to increasing the pool of resources dedicated to development or risk causing irreparable damage to the livelihoods of millions of the poorest people..
In a report “Innovation with Impact: Financing 21st Century Development,” presented to heads of State and Governments in Cannes, France, Gates said : “Leadership from the G20 is critically important, especially in these tough economic times. We must build on the unprecedented progress in health and development achieved in the last decade,” adding “We must spur on even greater progress in the coming decades to improve the lives of the world’s poorest.”
Gates also stressed the need for rich countries to continue their generosity and meet their foreign aid commitments – which are generally between one and two percent of government’s budgets – while ensuring that aid is spent effectively in areas such as health and agriculture.
“If the countries that have made promises stick to them, it will generate an additional $ 80 billion annually starting in 2015,” Gates said. (ANA)
FA/ANA/03 November 2011-----