G8 nations to take stock of development needs

"We're asking them to make good on those pledges over the next two years," said Mark Fried, policy coordinator for international development group Oxfam. "They need to set clear targets to come up with the money they missed," he added.
Fried said African countries had lost an estimated $63 billion since the global financial crisis began in 2008 through lower export earnings from a collapse in demand and declines in foreign aid.

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Publication Date: 
25 June 2010
Publication Name: 
Reuters