More On Development Finance
November 9th, 2009 by 
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The Accra High Level Forum tackled head-on the problems of the aid business: non-transparency, too many donor missions over-stretching recipient capacities, the mix of (often incoherent) donor reporting standards, and so on.
Devotees of such meetings noted a more robust language in the final communiqué than in the 2005 Paris Declaration on Aid Effectiveness generated by the last High Level Forum.
Yet, after Accra it is apparent that some donors intend to slack off, and do not take the process seriously enough. The bottom line: if the transactions costs of ODA do not come down further, then aid will be wasted.
For any further information please quote Development Finance lvb
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