President of CARE Applauds New Funding for Poverty Eradication

CARE
Thursday, 14 March 2002

Below is a statement from CARE President Peter. D. Bell concerning President Bush's announcement today at the InterAmerican Development Bank to increase U.S. foreign aid.

"This news is encouraging for CARE, our global partners, and the communities we serve. The President's announcement of the Millennium Challenge Account gives us hope that humanitarian efforts in the world's poorest regions will be strengthened. Poverty had begun to decline in some parts of the world in the 1990s, and we have been alarmed by its recent resurgence. We look forward to working with the Administration to channel new resources into programs where the need is greatest and where the most victories over poverty can be won.

"CARE's experience in more than 60 countries around the world has shown us that people want to help themselves. When we support health, education and micro-enterprise programs, the people in these communities are able to create lasting solutions to their most pressing problems and become self-sufficient. The funds President Bush has promised represent a solid down payment on the resources that will be needed over time to meet the international goal of reducing poverty in half by 2015."

For more information, or to contact CARE, see their website at: www.care.org

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