Committee on International Relations
U.S. House of Representatives
Henry J. Hyde, Chairman

CONTACT: Sam Stratman, (202) 226-7875, June 29, 2005

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For IMMEDIATE Release

G-8 Summit and African Development
Smith Schedules Thursday Hearing on
Foreign Aid and Debt Relief Programs to Africa
 

BACKGROUND:  Leaders of the largest industrial economies in the world – the so-called G-8 – meet next week in Gleneagles, Scotland.  At the top of the agenda is an expected response to the British-sponsored Africa Commission report, which calls for a doubling of foreign aid to African nations and debt relief to the world’s poorest nations. The United States has provided significant foreign assistance to African nations, and the innovative Millennium Challenge Account appreciably raises the level of aid to developing countries.  However, questions continue to be raised about the effectiveness of aid provided, as well as concerns raised about the slow delivery of aid through the MCA process.  Meanwhile, the U.S. has signed onto a debt relief plan initiated by the G-8 consistent with the goals of the World Bank’s Highly-Indebted Poor Countries program. 

WHAT:                                          Subcommittee Oversight Hearing: The G-8 Summit and Africa’s Development
                                                       
Subcommittee on Asia and the Pacific
                                                       U.S. Rep. Christopher H. Smith (R-NJ), Chairman

WHEN:                                           2:00 p.m., Thursday, June 30, 2005

WHERE:                                        Room 2172, Rayburn House Office Building

WITNESSES:                                 Panel I:
                                                       Paul Reid,
Senior Advisor to the Under Secretary of State for Economic, Business and Agricultural Affairs,
                                                       U.S. Department of State;
                                                       Robert Pittman
, Deputy Assistant Secretary for International Development, Finance and Debt,
                                                       U.S. Department of the Treasury;
                                                       Panel II:
                                                       Gerald Flood
, Counselor to the International Policy Committee, U.S. Conference of Catholic Bishops;
                                                       Roger Bate
, Resident Fellow, American Enterprise Institute;
                                                       Imani Countess, Coordinator, Africa Program, American Friends Service Committee.

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