Letters to the Editor

Your views in 200 words or less

Tag: world bank


AID: US assistance abroad pays off for us here

With the U.S. government scrambling to pay its bills, we desperately need to make responsible decisions. Many people actually believe that our foreign aid is 20 percent or more of our federal budget. In fact it is actually less than .5 percent. Less than one half of one percent of our federal budget goes to international development assistance! In 1965 it was 2.75 percent.

Microfinance; the Global Fund to Fight AIDS, TB and Malaria; and the Global Partnership for Education have empowered millions of women and their families to work their way out of extreme poverty through tiny loans, enabled

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EDUCATION: World Bank reneges on pledge

I was encouraged to read the article (thenewstribune.com, 9-21) on the first lady of Qatar who is energetically speaking out on the behalf of 61 million kids who are completely deprived of any education at all.

What is under the public radar is the fact that the World Bank has quietly reneged on its pledge to increase funding for basic education by $750 million over the next five years.

Surrounded by celebrities and politicians at the U.N. General Assembly in 2010, the World Bank president and managing director boldly announced that the bank would substantially increase its lending for

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