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World Bank's poor health record
A report by the World Bank's internal watchdog has criticised its efforts at improving the health of the poor. The Independent Evaluation Group said a third of the Bank's health projects between 1997 and 2007 failed to achieve their objectives.
It found the bank's performance in Africa to be ‘particularly weak', with only 27% of its projects considered satisfactory. It blamed a lack of monitoring and evaluation which had given rise to irrelevant objectives and unrealistic targets. Only half of the bank's health, nutrition and population projects focused on the poorest people. Most of its spending targeted the richest 20% of people, according to the watchdog.
Source: Panos London