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UN:
RECENT ECONOMIC GROWTH IN AFRICA SHOULD BE MORE WIDELY DISTRIBUTED - UN
ENVOY: 11/9/2007 (MaximsNews.com, U.N.) |
UNITED NATIONS - / www.MaximsNews.com@
U.N./
- 11 September 2007 – The
recent economic growth among Africa’s poorest countries has been confined
mainly to those nations with rich mineral resources and has not yet translated
to a substantial reduction in poverty, the United Nations envoy for those
nations said today as he pledged to spearhead efforts to better distribute the
emerging wealth.
Cheikh
Sidi Diarra, who was appointed in July as the Under-Secretary-General and High
Representative for the Least Developed Countries, Landlocked Developing
Countries and Small Island Developing States, told his first press conference at
UN Headquarters in New York that extreme poverty remains stubbornly high in the
world’s most vulnerable nations.
Nearly
half of the estimated 760 million people in the 50 States classed as least
developing countries (LDCs) live in extreme poverty, or on less than $1 per day,
he said.
Mr.
Diarra said the situation was harshest in sub-Saharan Africa, home to 34 of the
50 LDCs and the only region in the world where the percentage of people living
in extreme poverty rose in the two decades until 2001.
Although
many countries in that region are enjoying solid economic growth and receiving
greater amounts of foreign direct investment (FDI), they are still concentrated
in the countries with high amounts of mineral resources.
Mr.
Diarra said the growth needs to be more evenly spread and he called on developed
nations to play their part by helping poor countries improve their
infrastructure and expand their export trade.
The
envoy also promised to focus on efforts to encourage good governance in LDCs,
which he stressed was a critical factor in ensuring they make economic and
social progress.
Labels: United
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