John Samuel, Asia director of ActionAid International:
"In 2003, total aid announced by developed countries was $65 billion of which $50 billion was (pledged) by the G7," Samuel said. "How much money actually reached the receivers? Only $27 billion, or just 0.1 percent of the countries' combined national income," Samuel said, while releasing "RealAid", a report on the status of global aid mechanisms.
"For the United States and France, two of the world's largest donors, almost 90 per cent of their contributions are phantom aid."
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