World Bank announces $1.2bn food aid - 30 May 08

Al Jazeera's Shihab Rattansi spoke with Ngozi Okonjo Iweala, the managing director of the World Bank, about the organisation's new food aid deal and whether there are any strings attached to the money.

Category:

News & Politics

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• Al
• Jazeera
• Ngozi
• Okonjo
• Iweala
• World
• Bank
• Shihab
• Rattansi

[rawimagefilms]

Shibi...You are my hero!

[yahoovisitor]

In Pakistan people living below the poverty level are 60% in one survey and above 10 million in another. Every year billions of $ are loaned/received as aid on this issue from the whole world. But the poverty struck people are going from bad to worse & worst condition due to the uncontrollable inflation. Where do these funds go? Its just evident that Pakistan's political filth eventually eats up the entire sum totally forgetting they are answerable for all this to Allah Almighty.

[MoolahMogul1]

Yes, you have a point. But regardless, the solution to the problems that Pakistan and indeed all other third world nations face is their people. It takes a lot, perhaps even bloody revolution but still the presence of the corrupt system should not be a fault of the WB.

[yahoovisitor]

I blame World Bank for not monitoring or auditing the loan for the project it has been sanctioned. If WB grants say $ 500 million it may keep 0.5% of it for regular monitoring/auditing to see the completion of the project loan has been sanctioned for. Because Pakistan is being ruled by the political filth ready to take out even the digested food from a common man's appetite. The political filth eats up the entire sum & forces a common man to pay it back in the shape of taxes leading to inflation

[MoolahMogul1]

yahooovisitor.. now ask yourself the question. Is the fault really with the world bank for doing its part and choosing a policy of non-interference or is it the fault of the Pakistani government for mismanaging the resources?

This interviewer in this page is clearly against WB interventionist policies. He is clearly trying to elicit an affirmative response for his allegations.

[mira4611]

Does anyone know why Shihab left CNN?I miss him!:-(

[peacerebelgirl]

Shihab was fabulously relentless and she kept on lying...the world bank does not care about the people. the evidence is in the poor, starving people whom they continue to try and extract from.

[zeho0002]

Support Mrs. Ngozi for the Next Nigerian President!

[okwunugbo]

I am trying to secure the video of d sham probe panel that investigated this loot & when i do i will post it on both youtube & google video so that the whole world will see how rich & how easy it is to steal money from Nigeria. It is a shame but the woman on this video d former minister of finance in Nigeria was removed even after helping Nigeria cut down her external debts to almost zero. She was removed b'cos she was a reformer & wanted to change things but d looters would not allow her.

[okwunugbo]

ehunter2, a word of encouragement even though cool aid drinkers here are trying to denigrate u. Please whenever u see these crooks that loot their country's money just about any where in the world pls pls pls use your camcorder and record them discretely and post the video in youtube and let's make it viral, that way, we can begin to expose these crooks. Just recently Nigeria spent $16 billion only on the power sector but the totality of this fund earmarked to provide power supply was looted.