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  Wednesday, April 9, 2008, Rabi-ul-Sani 2,1429    

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Most South Asian countries to fall short on MDGs: WB

Islamabad—A new World Bank-IMF report warns that most countries in South Asia will fall short on the Millennium Development Goals (MDGs), a set of eight globally agreed development goals with a due date of 2015. Though much of the world, including South Asia, is set to cut extreme poverty in half by then, prospects are gravest for the goals of reducing child and maternal mortality, with serious shortfalls also likely in primary school completion, nutrition, and sanitation goals, said the report.

“In this Year of Action on the MDGs, I am particularly concerned about the risks of failing to meet the goal of reducing hunger and malnutrition, the `forgotten MDG’,” said Robert B. Zoellick, President of the World Bank. “As the report shows, reducing malnutrition has a `multiplier’ effect, contributing to success in other MDGs including maternal health, infant mortality, and education,” Robert added. The Global Monitoring Report: MDGs and the Environment-Agenda for Inclusive and Sustainable Development stresses the link between environment and development and calls for urgent action on climate change.

The report warns that developing countries stand to suffer the most from climate change and the degradation of natural resources, it added. Arguably, few regions in the world are more at risk from climate change in terms of adverse impact on the poor than South Asia and the region faces a large potential health risk from climate change through increased malnutrition, diarrhea, and malaria.

To build on hard-won gains, developing countries need support to address the links between growth, development and environmental sustainability. “Developing countries need more foreign aid and domestic resources to reach the MDGs. High economic growth and a stable macroeconomic environment remain essential for reducing poverty and increasing investment in health and education.” said Dominique Strauss-Kahn, IMF Managing Director.

Progress toward the MDGs differs dramatically across countries, regions, and income groups, the report says. While most of the poverty reduction between 1990 and 2004 took place in East Asia and Pacific, South Asia would contribute the most to global poverty reduction in the next decade. —APP

 

 

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