Bush Names 16 Indicators to Assess Poor Nations. (News & Views)
Islamabad 14.12.02: The United States has listed 16 performance indicators that will be used to determine the eligibility of poor countries for development assistance from the Bush administration new Millennium Challenge Account.
"We must tie greater aid to political and legal and economic reform, and by insisting on reform, we do the work of compassion. The United States will lead by example. I have proposed a 50 per cent increase in our core development assistance over the next three years. Eventually this will mean a $5 billion annual increase over current levels," said President George Bush while unfolding. "The Millennium Challenge Account".
The message from US for further financial assistance is clear for poor countries and it is, "The funding will be provided to those countries which will govern justly, invest in their people and encourage economic freedom."
The indicators are poised to pose problems for Pakistan as it wants to acquire the assistance from the international donor agencies it must qualify the benchmark announced by the US. "All the sources for the indicators include World Bank and IMF," sources said.
The indicators grouped in three major categories-governing justly, investing in people and promoting economic freedom-will gauge a country's performance on such issues as rooting out corruption, promoting free trade, providing health care and schooling, and adhering to the rule of law. Eligible countries would be rated in each of three categories with new funding going to those with the best performance. …