AfDB: Good news towards progress on Paris Declaration

The African Development Bank (AfDB) Group recently held a seminar in Tunis at which it was revealed that the Bank had made strong progress towards aligning its lending to national priorities of its member states as part of its provisions for reaching targets set in the Paris Declaration. The seminar was called to review the institution's progress towards the attainment of targets of the Paris Declaration on Aid Effectiveness and the Bank's readiness for the Accra High-Level Forum on Aid Effectiveness scheduled to take place in the Ghanaian capital from September 2-4, 2008. It was also revealed that AfDB had made important headway in working with other donors on member country studies and that it had inspired increased respect in client countries.

Endorsed by more than one hundreds ministers, senior government officials, and heads of development agencies, including the African Development Bank Group, the Paris declaration lays out a roadmap designed to improve the quality of aid and its impact on development. It uses 12 indicators to measure improvements in aid effectiveness. Targets to be achieved by the year 2010 have been set for 11 of the indicators.


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