Japan and other industrialized countries should more than double the total amount of their official development assistance (ODA) to aid healthcare services in developing countries, World Bank Vice President and Head of the Human Development Network Joy Phumaphi has said.
– At least 35 billion to 40 billion US dollar in ODA for medical aid is needed annually to meet the 2015 Millennium Development Goals, compared with the current 14 billion, Phumaphi said.
She wants to encourage Japanese private-sector companies to invest in developing countries “to bridge the gap” between their needs and the actual amount of aid they receive.
Phumaphi expects Japan to “play an even greater development role” when Japan International Cooperation Agency (JICA) and the yen loan division of Japan Bank for International Cooperation merge in October into a single entity for bilateral assistance to developing countries.
Kilde: www.worldbank.org
