President Obama Outlines New Development Approach
On June 25, President Obama released a statement outlining his new approach to international development. The new policy builds on the Administrationâ€™s recent food security and health initiatives and focuses on â€œresults-based, strategic investments aimed at promoting meaningful and lasting results.â€
The approach entails a renewed emphasis on key aid effectiveness principles such as country ownership, accountability, monitoring and evaluation, program sustainability and local capacity building.Â The policy does not specify the Administrationâ€™s plans for global education assistance.
Obama Development Policy