G8 Development Ministers’ Meeting Chair’s Summary, Halifax, 26-28 April 2010

Sectors : Quality of aid, Transparency and accountability
Organisation : G8
Date made: 
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Commitments in: Financing for Development - Quality of aid

“3. G8 Ministers agreed that more determined political action is needed to deliver on existing aid effectiveness commitments, including greater predictability and transparency of aid, reducing transaction costs and fragmentation. They emphasized the importance of accountability to their own citizens for the effective use of international assistance.

4. Ministers emphasized that it is more important than ever to pay what they pledge on time and to shift the focus from inputs to sustainable outcomes. They renewed their commitment to enhancing the timeliness of their international assistance so that partner countries can better plan and budget. They acknowledged that predictable, more transparent and more cost-effective development assistance is within their reach.

5. Further efforts should also be made to improve the coordination of development assistance. Haiti’s reconstruction is an important test in this regard. Ministers reiterated the importance of using country systems to deliver international assistance in order to reinforce the ownership and accountability of partner countries to their citizens. G8 countries will continue to support the efforts of partner countries to strengthen transparency and accountability for their development results, including better legislative oversight, stronger civil society voices, effective institutions and public financial management – all of which are key to effective and accountable development.”