Dance
SENIOR MEMBER
- Joined
- Jul 20, 2010
- Messages
- 4,850
- Reaction score
- 0
WASHINGTON: A joint report released by the International Monetary Fund and the World Bank on Friday placed both India and Pakistan among lower-middle income countries. The IMF Global Monitoring Report 2011 also placed both India and Pakistan in a group which lagged behind by 10 per cent or less in meeting the millennium development goals.
Hunger and gender parity in secondary schools are the areas where Pakistan lagged behind in achieving its development goals.
But countries like Bangladesh (extreme poverty, hunger and maternal mortality), Indonesia (hunger, child and maternal mortality, access to safe drinking water), and Mali (lacking in gender parity in primary education and access to safe drinking water) are also in this category.
The IMFs classification of economies by region and income for fiscal 2011 also placed Sri Lanka and Bhutan in the lower-middle income category while both Afghanistan and Bangladesh were placed in the lower income categories.
The report also noted that aggregate aid flows to developing countries often reflected geopolitical priorities and/or responses to major global events.
It is therefore not a surprise that Iraq and Afghanistan were the largest aid recipients over the last decade, the report noted.
Pakistan received $23.4 billion of foreign aid in the last decade.
Iraq topped the list with $68.1 billion followed by Afghanistan with $35.5 billion.
The IMF also noted that Pakistan had consistently demonstrated significant improvement in school enrolment by reducing user fees. However, few of these programmes have been around long enough to determine whether the impact is a short-term effect of a novel project or is more lasting, the report said.
In Pakistan, providing parents with report cards containing information about the relative performance of children and schools in villages (including private schools) improved student performance in public schools and lower-quality private schools and reduced fees at higher quality private schools. Pakistan is also placed in a category of nations that took a number of trade-liberalising measures in 2010. More than a third of the new measures in these countries, however, were tariff reductions. The report pointed out that two-thirds of developing countries were on track or close to meeting key targets for tackling extreme poverty and hunger. This years Global Monitoring Report: Improving the Odds of Achieving the MDGs delves into country performance and reveals a diverse, and often hopeful, picture. For example, among developing countries that are falling short on the Millennium Development Goals, half are close to becoming on-track. With improved policies and faster growth, these countries can still achieve the targets in 2015 or soon after.
According to the report, the fight against poverty is progressing well. Based on current economic projections, the world remains on track to reduce by half the number of people living in extreme poverty.
IMF, WB place India, Pakistan in lower-middle income states | Newspaper | DAWN.COM
Hunger and gender parity in secondary schools are the areas where Pakistan lagged behind in achieving its development goals.
But countries like Bangladesh (extreme poverty, hunger and maternal mortality), Indonesia (hunger, child and maternal mortality, access to safe drinking water), and Mali (lacking in gender parity in primary education and access to safe drinking water) are also in this category.
The IMFs classification of economies by region and income for fiscal 2011 also placed Sri Lanka and Bhutan in the lower-middle income category while both Afghanistan and Bangladesh were placed in the lower income categories.
The report also noted that aggregate aid flows to developing countries often reflected geopolitical priorities and/or responses to major global events.
It is therefore not a surprise that Iraq and Afghanistan were the largest aid recipients over the last decade, the report noted.
Pakistan received $23.4 billion of foreign aid in the last decade.
Iraq topped the list with $68.1 billion followed by Afghanistan with $35.5 billion.
The IMF also noted that Pakistan had consistently demonstrated significant improvement in school enrolment by reducing user fees. However, few of these programmes have been around long enough to determine whether the impact is a short-term effect of a novel project or is more lasting, the report said.
In Pakistan, providing parents with report cards containing information about the relative performance of children and schools in villages (including private schools) improved student performance in public schools and lower-quality private schools and reduced fees at higher quality private schools. Pakistan is also placed in a category of nations that took a number of trade-liberalising measures in 2010. More than a third of the new measures in these countries, however, were tariff reductions. The report pointed out that two-thirds of developing countries were on track or close to meeting key targets for tackling extreme poverty and hunger. This years Global Monitoring Report: Improving the Odds of Achieving the MDGs delves into country performance and reveals a diverse, and often hopeful, picture. For example, among developing countries that are falling short on the Millennium Development Goals, half are close to becoming on-track. With improved policies and faster growth, these countries can still achieve the targets in 2015 or soon after.
According to the report, the fight against poverty is progressing well. Based on current economic projections, the world remains on track to reduce by half the number of people living in extreme poverty.
IMF, WB place India, Pakistan in lower-middle income states | Newspaper | DAWN.COM
