ECOSOC briefed on plight of worlds poorest countries need for more aid

Anwarul Chowdhury, UN High Representative for the Least Developed Countries, Landlocked Developing Countries and Small Island Developing States, said aid to Least Developed Countries (LDCs) has to date been insufficient and declined over the past decade. Calling for a more international attention to the state of these poorest countries, he said the high prevalence of diseases, slow progress in debt relief and continuing low levels of foreign investment and trade remain major challenges. LDCs constitute 11 per cent of the world population, but account for a bare 0.42 per cent of global trade. While several of the countries have demonstrated the capability of achieving high economic growth rates, at least 15 others suffered a drop in per capita income last year, Mr. Chowdhury stated.