SEATTLE, April 22 /PRNewswire-USNewswire/ -- The Bill & Melinda Gates
Foundation welcomes today's news that the UK Government will deliver on its
promises to the poorest people in the world, despite the current economic
downturn, and achieve the EU target to increase development assistance to 0.56
percent of National Income by 2010.
"The UK government's pledge to increase the amount of money it gives to
poor countries at this time will contribute to real progress in the fight
against poverty and disease," said Bill Gates, co-chair of the Bill & Melinda
Gates Foundation. "We know that progress is possible on the major challenges
facing poor people across the world, even in difficult times. It takes
sustained and smart investments to maintain progress and reach shared global
"Along with recent positive news from the United States and Germany, this
shows that G8 countries are able to meet their ODA targets. We hope that all
G8 countries will honor their previous commitments in the fight against
poverty and disease by the time of the G8 Summit in July."
"We are committed to working with governments and other partners in
Europe and around the world. Like them, we are working to ensure that gains
made so far to combat poverty and improve health are not reversed because of
the global economic crisis," said Melinda Gates, co-chair of the Bill &
Melinda Gates Foundation.
Bill & Melinda Gates Foundation
Guided by the belief that every life has equal value, the Bill & Melinda
Gates Foundation works to help all people lead healthy, productive lives. In
developing countries, it focuses on improving people's health and giving them
the chance to lift themselves out of hunger and extreme poverty. In the United
States, it seeks to ensure that all people -- especially those with the fewest
resources -- have access to the opportunities they need to succeed in school
and life. Based in Seattle, Washington, the foundation is led by CEO Jeff
Raikes and Co-chair William H. Gates Sr., under the direction of Bill and
Melinda Gates and Warren Buffett. Learn more at www.gatesfoundation.org.
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