Ideas to Action:

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CGD Policy Blogs

 

Have We Made Poverty History?

It is nearly a year since the leaders of the world’s most powerful nations met in Gleneagles in Scotland against the background of a popular campaign for the rich nations to do more to reduce global poverty.  So it seems a good time to take stock of whether the commitments made at Gleneagles are being met.   Several new reports do just that:

U.S. suspends Ghana from aid program

Washington – The Bush administration today abruptly suspended financial assistance to Ghana through its new Millennium Challenge Account (MCC), indefinitely postponing the schedule for signing a new compact in July. News of the suspension came the day after Ghana’s 2-1 victory in the World Cup. MCC CEO John Danilovich said the suspension was not because of any failure on Ghana’s part in the traditional MCC focus areas of ruling justly, investing in people, and economic freedom. He said "It’s a new area of concern.