Global Donors Plot Ways to Spend Aid Billions

Major global aid donors are holding the Fourth High Level Forum on Aid Effectiveness, a meeting aimed at coordinating efforts to lift millions out of poverty and bring influential new donors such as China on board, in Busan, South Korea.

The second day of the meeting, which is attended by policymakers and private experts from 160 nations, will see the United States Secretary of State, Hillary Clinton, and United Nations Secretary General, Ban Ki-moon, taking part.

Clinton is expected to urge emerging powers such as China to ensure standards for foreign assistance.

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