AFRICA COULD MISS POVERTY TARGET DUE TO ECONOMIC CRISIS
Mar 27th, 2010 by admin
The impact of the global financial crisis could cause Africa to miss the millennium development goal of halving poverty by 2015, the United Nations said on Thursday. The executive secretary of the United Nations Economic Commission for Africa, Abdoulie Janneh, said that Africa is the only continent not on track to meet the target. He said the fall in economic growth has prompted poverty and unemployment to rise in many African countries. In 2009 the African economy grew by an average of 1.6 per cent in comparison to 4.5 per cent in the previous year, according to Janneh. He said recurring conflicts, natural disasters as a result of climate change and the HIV/AIDS pandemic are also undermining economic growth in Africa.
