Thursday, June 4, 2009

More on the Aid Front

Australia Network News:

Oxfam warns large amounts of Afghan aid being wasted

Last Updated: 23 hours 10 minutes ago

British charity Oxfam says large amounts of aid to war-ravaged Afghanistan are being squandered.

Oxfam's head of policy for Afghanistan, Matt Waldman says too much aid is wasted on foreign contractors who make hefty profits, employ expatriate consultants at exhorbitant salaries and not deliver expected results.

He says between one-third and 40 percent of all foreign financial assistance is tied aid and as such returned to the donor countries as payment for goods or services.

Mr Waldman says poverty is a significant factor in the conflict and warns unless there's progress against poverty the prospects for peace is limited.

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