Local view for "http://purl.org/linkedpolitics/eu/plenary/2009-10-08-Speech-4-162"
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"en.20091008.13.4-162"2
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"We are facing an emergency situation with regard to development and humanitarian aid due to the economic crisis, the human cost of which continues to mount up, all the more so as this recession comes in the wake of the food and oil price crises. Unfortunately, one of the direct consequences of the economic crisis is an international donor crisis, against the backdrop of accelerated growth in the level of poverty. In 2009 alone, 90 million people have been pushed into extreme poverty, while the number of unemployed has risen by 23 million. A glimmer of hope is offered by the proposals adopted today for providing aid to the most vulnerable countries, the developing countries. However, these do not go far enough, given that the USD 6 billion obtained from the sale of IMF gold reserves and earmarked for providing aid to poor countries can cover only 2% of their actual needs. Consequently, I believe that the pressure must be increased on the G20 States to assume the major specific responsibility for triggering the crisis by mobilising resources in the form of crisis support to be allocated to the developing countries. With this need to streamline the system in mind, I welcome the criticism in the resolution about the failure of the Pittsburgh Summit to tackle the subject of reforming the international financial institutions, given the Bretton Woods institutions’ slow response to the crisis."@en1
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