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US Defends Aid Policies, Demands Reforms
But Mr. Natsios cautioned that the amount of aid given usually has little effect on a country's development. In many cases, he said, corruption and weak legal protections are the main factors in preventing economic growth.
"There is no point in debating whether ODA should be $68-billion or $100 billion or $195 billion when the most basic policies for generating wealth are not in place," Mr. Natsios says.
Scores of speakers at the conference joined Secretary-General Annan in calling on wealthy countries to pledge point-seven percent of national income for development assistance. Many implicitly criticized the United States, which ________ of the target.
But in comments to reporters, Mr. Natsios rejected those criticisms, saying Washington had increased its budget the most among major donors in recent years, while other countries, including Germany, Japan and the Netherlands, have cut theirs.
He said meeting the point-seven target would mean more than ________ the aid budget of the United States to $91-billion a year. He added "We couldn't spend that much even if we wanted to."
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