UN Asks Rich Nations Not to Punish Poor Countries for Ongoing Recession by Cut Down on Aid

The United Nations has said that the increasing stance of protectionism adopted by rich countries struggling with recession has led to a major drop in developmental aid and has made it difficult to achieve the developmental goals by its 2015 deadline. UN Secretary General Ban Ki-moon appealed to rich countries hit by economic crisis not to make poor nations bear the brunt of their austerity measures. Official development assistance for poor countries ...

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