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Bono and Bob slam French aid record
Wednesday 18 June 2008
According to Reuters, the G8 agreed to double aid to Africa by 2010 at the 2005 summit at Gleneagles in Scotland but advocacy group DATA, which tracks aid spending, revealed that the G8 had collectively delivered just 14% of what was promised.
Geldof told a news conference in Paris: "It's a disgrace that the rich world, France included, has failed so utterly and miserably."
The DATA report, which Bono and Geldof were launching, said that France was among the worst G8 nations in terms of matching the promises it made.
The report claimed that aid from France to sub-Saharan Africa decreased by $66m between 2006 and 2007 and that less than 7% of the funds promised had been delivered so far, making France the second worst G8 nation behind Italy.
"That's the measure of the failure of the political class of this country," said Geldof.
Bono said: "I have high hopes for President Sarkozy. I believe his hard-headedness might be necessary to work on some of these problems."
Japan performed best of the G8, having already matched its aid commitments two years ahead of schedule.
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