Last week, the United Nations convened a dialogue to review the financing situation of developing countries as a follow-up to the Financing for Development Summit of 2002. The findings were sombre. Funds are moving out from developing countries, and their debt and trade conditions have not improved. Only a change in political will can improve matters.
IN MARCH 2002, the United Nations convened an International Conference on Financing for Development. Held in Monterrey (Mexico), it was attended by many government leaders, including US President George Bush.
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