Antiguan diplomat urges greater private financing to supplement decreasing aid

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Oct 08, 2013

UNITED NATIONS, CMC - Antigua and Barbuda Ambassador to the United Nations, John Ashe has called for “new and innovative” sources of financing to supplement decreasing official development assistance (ODA) developing countries.
Caribbean Community (CARICOM) leaders had lamented the paucity of ODA in their respective presentations at the just-concluded 68th Session of the UN General Assembly (UNGA) Debate.
Ashe, who is also UNGA president, said there was need for greater private funding and more international trade to sustain economic growth and fuel sustainable development.

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