15 Sep 2008

PNG Government confident new approach to aid more transparent

7:43 pm on 15 September 2008

Papua New Guinea's Planning Minister says a new "one system" policy for drawing down donor funds will help the country achieve long term millenium development goals.

Paul Tiensten has just returned from Ghana where he participated in last week's High Level Forum on Aid Effectiveness.

The Forum re-endorsed the Paris Declaration of 2005 which lays out the principles of ownership, alignment, harmonisation, managing of results and mutual accountability to make aid more effective.

The Minister, who has faced criticism after his recent admission that 1.2 billion US dollars in aid funds are still parked in Government trust accounts, says the Paris Declaration puts the onus back on the aid recipient.

"Aligning all these to ensure that there is one system that will be used and so long as the system can be robust and can be monitored, it has monitorable targets and at the same time it's evaluated in ensuring the projects are done so that both parties are happy, that there is a successful completion of some of the projects that can address millenium development goals."

PNG Planning Minister Paul Tiensten