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Poor aid flow threatens MDG achievement

Graft also a big challenge, says planning minister

Star Business Report
The development partners should release their promised funds for Bangladesh, as the country requires $15 billion per year to achieve the millennium development goals (MDGs) by 2015.
Speakers at a dialogue on 'MDG 8: Partnership for development' made the appeal yesterday.
They said resource constraint has become one of the major drawbacks for Bangladesh in attaining the MDGs on time.
They criticised the developed countries for their failure to provide committed assistance to the least developed countries (LDCs).
The developed countries promised to give 0.7 percent of their gross national income to the LDCs to help them achieve the MDGs.
Planning Minister AK Khandker, Member of the Planning Commission Dr Shamsul Alam, government officials, experts and representatives of the development partners attended the discussion at the National Economic Council in Dhaka.
According to a joint needs assessment report of the government and the United Nations Development Programme, Bangladesh requires more than $104 billion during 2009-15 or
annually $14.9 billion to attain all the MDGs by 2015. The annual per capita cost stands at $98.
The official development assistance (ODA) inflow into the country has been declining sharply over the years.
The MDG Progress Report 2008 shows the ODA inflow into Bangladesh has gone down significantly — from $ 1.24 billion in 1990 to just $ 110 million in2006.
“It's unfortunate that the developed countries have so far failed to provide their promised ODA to us," said AK Khandker.
The planning minister urged the developed countries to come forward and cooperate with the LDCs in exploiting the potential of international trade and to accomplish their obligations as the signatories to the MDGs.
“The ODA is required for building the much needed infrastructure,” said Musharraf Hossain Bhuiyan, secretary to Economic Relations Division.
Stefan Priesner, UNDP resident representative, also said the international community should increase the ODA to help the poor countries achieve their MDGs.
On poverty and hunger, the minister said corruption is one of the main challenges for achieving the MDGs.
“We are trying hard to eliminate
corruption from the government and other organisations concerned to pave the way for achieving the MDGs by 2015."
Qazi Kholiquzzaman Ahmad, chair-man of Palli Karma-Sahayak Foundation, stressed increasing farm and industrial production, and creating employment to help attain the MDGs.
John Aylieff, representative of World Food Programme, said Bangladesh has received impressive results in reducing poverty.
The country made notable progress in attaining the MDGs during 1990-2000. The advancement is evident in human development, such as attainment of gender parity in primary and secondary school enrolment.
Bangladesh is making strong stride in reducing poverty, already bringing down the poverty gap ratio to 9 against the 2015 target of 8 with annual reduction rate of 1.34 percent.
Bangladesh has done remarkably well with regard to infant and child mortality rate, containing the spread and fatality of malaria and tuberculosis, reforestation and access to safe drinking water.
However, maternal health still remains as a major challenge. The country is also struggling to protect wetlands and bio-diversity.