Uganda volunteers for political rating
Oct 21, 2002
AFRICA’S new recovery plan received a boost on Sunday when Ghana and Uganda asked to have their economic and political governance rated
By Okello Jabweli and Agencies
AFRICA’S new recovery plan received a boost on Sunday when Ghana and Uganda asked to have their economic and political governance rated.
The controversial governance-monitoring plan known as peer review calls for African leaders to rate nations on tough new standards to attract foreign investment and aid to the world’s poorest continent. The plan has been endorsed by the Group of Eight (G8) industrialised countries.
Peer review is seen as crucial to the success of the New Partnership for Africa’s Development (NEPAD), the economic blueprint of the new African Union launched in July.
NEPAD preaches improved economic and political governance by Africans in exchange for greater investment and aid.
The two states, the first to volunteer, made the offer at a meeting of African government ministers convened by the Ethiopia-based United Nations Economic Commission for Africa (ECA).
The offers by Ghana and Uganda will be presented to NEPAD’s implementing committee next month.
AFRICA’S new recovery plan received a boost on Sunday when Ghana and Uganda asked to have their economic and political governance rated.
The controversial governance-monitoring plan known as peer review calls for African leaders to rate nations on tough new standards to attract foreign investment and aid to the world’s poorest continent. The plan has been endorsed by the Group of Eight (G8) industrialised countries.
Peer review is seen as crucial to the success of the New Partnership for Africa’s Development (NEPAD), the economic blueprint of the new African Union launched in July.
NEPAD preaches improved economic and political governance by Africans in exchange for greater investment and aid.
The two states, the first to volunteer, made the offer at a meeting of African government ministers convened by the Ethiopia-based United Nations Economic Commission for Africa (ECA).
The offers by Ghana and Uganda will be presented to NEPAD’s implementing committee next month.