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Asia-Pacific’s Poorest Countries Need Global Support Too-Voices of the Least Developed Countries in Asia and the Pacific: Achieving the Millennium Development Goals Through a Global Partnership
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In a region of rising prosperity, fast growth in countries like China, India
and the East Asian “tigers” hides widespread extreme poverty in the Least Developed Countries (LDCs) of Asia and the Pacific, a new report being launched today by two United Nations organisations warns. The 14 Asia-Pacific LDCs, as they are known, have a per-capita income only one-fourth of that in the region overall, and almost half their population lives below national poverty lines. Included in this group are some of the poorest countries in the world, such as Afghanistan and Timor-Leste. At the same time, it says, development aid and debt relief to the Asia-Pacific LDCs have been
disproportionately low and must be increased if these impoverished countries are to reach the Millennium Development Goals (MDGs), which represent the global framework for fighting poverty. With a combined population of 260 million – nearly two-fifths of the population worldwide in LDCs – the Asia-Pacific LDCs receive less than half of the average per-capita aid given to LDCs in other regions, the report says. Overall, aid per capita is US$19 for poor Asia-Pacific nations, compared to US$43 in other
regions. The report lauds the US$40-billion debt cancellation initiative announced in June by G8 finance ministers.
UNDP/UNESCAP ,   (2005 )
Type / Script:
Press Release in English
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 UNDP : Social and Institutional Developoment
18.07.02  -  Documents
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