Doha declaration urges sustained commitment to international aid.
Delegates from over 160 countries met in Doha, Qatar from 29 November to 2 December 2008, for the follow-up International Conference on Financing for Development. The conference reviewed progress achieved under the 2002 Monterrey Consensus, which addresses such issues as domestic resource mobilization, official development assistance, trade, foreign direct investment and debt relief in developing countries.
The four-day talks resulted in a declaration calling for an inclusive meeting to review the international financial and monetary architecture. Nations affirmed that despite the current financial crisis, developed countries must maintain the commitment made in Monterrey to devote 0.7% of gross...
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