§ The Earl of Sandwichasked Her Majesty's Government:
How many countries attending the Monterrey summit in Mexico have made firm commitments to an increase in their overall official development assistance towards the United Nations target of 0.7 per cent of gross national income. [HL3478]
§ The Parliamentary Under-Secretary of State, Foreign and Commonwealth Office (Baroness Amos)The EU and the US made firm commitments on aid volume at Monterrey. The EU undertook to increase its collective average from 0.33 per cent to 0.39 per cent by 2006, representing an additional 7 billion US dollars pa. The US undertook to provide an additional 10 billion US dollars in the period 2004–06 and an additional 5 billion US dollars pa thereafter, representing a 50 per cent increase in US aid.