Review of Paris Declaration on Aid Effectiveness and Poverty Reduction
1 report, 1 independent
Updated Oct 9
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What happened
The OECD, IMF, and World Bank reviewed the Paris Declaration on Aid Effectiveness and poverty reduction strategies. The 2005 declaration established that a recipient government's national development strategy should be the reference point for aid, requiring donors to align their programs behind it.
From zunia.org
Why it matters
The declaration's principles mandate that donors use a recipient country's own planning documents, procurement systems, and financial management procedures when financing ministries. This structure dictates how international development funding is deployed globally.
From zunia.org