News

Poverty Reduction Strategy lacks sufficient investments
By Masahudu Ankiilu Kunateh, Ghanadot

Accra, Jan 24, Ghanadot - One of the major setbacks likely to affect the implementation of the Regional Poverty Reduction Strategy is the lack of sufficient investment from member states and ECOWAS.

The information officer at ECOWAS, Ugoh Sunday disclosed this to Citi Business saying, there are some critical sectors that member states have identified which need immediate attention.

Some of these, he says, are linked directly to achieving the millennium development goals adding that although they have development partners, more funds would be needed for effective implementation of the initiative.

He however added that plans are far advanced to implement the strategies agreed upon by member states.

He noted that within the context of Millennium development goals (MDG’s), ECOWAS have made the commitment to address certain important issues in the areas of maternal health, child health, HIV/AIDS, economic development and Universal primary education access.

The Regional Poverty Reduction Strategy is aimed at collectively reducing poverty in the sub region although there are similar strategies in member countries to tackle poverty locally.

Ghanadot