Tracking aid pledges to Africa

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The Africa Progress Panel, funded by Bill Gates and introduced today by Tony Blair, will report on commitments made at last year’s G8 summit in Gleneagles. In July 2005, the G8 nations pledged to cancel debts of 35 countries and increase aid to $50 billion annually by 2010, half of which goes to Africa. Kofi Annan will chair the panel, to include Live 8 organizer Bob Geldof, Nigerian President Obasanjo, and TI founder Peter Eigen. In addition to aid flows, the panel will consider trade and debt issues.

See the BBC for coverage or read what Oxfam thinks of the G8's progress.

Aid flows are important, but policy matters at least as much. The Center for Global Development issues one of my favorite report cards. The Commitment to Development Index ranks 21 rich countries on not only aid but also trade, investment, migration and other policy areas.

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