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/ 11 June 2007

G8: a day late, a dollar short

In 2005, at the Gleneagles G8 meeting, world leaders promised to increase annual aid levels by $50-billion by 2010, half of which would go to Africa. To meet this target, G8 governments would need to give just more than $1 per citizen per year. This is the equivalent of what Americans spend on nail polish each year; a quarter of what Canadians spend on video gaming.