Poverty: Gates calls on the private
Microsoft founder Bill Gates on Wednesday asked the G20 to encourage the private sector to invest more in helping the least well off, on the eve of the summit in Cannes that the American billionaire to participate .
"The development does not benefit only the residents of the poorest countries, it also benefits us," Gates wrote in an article published in the Washington Post.
"If countries that are currently the poorest manage to feed, educate and provide jobs for their citizens in the long run, they contribute to the global economy," said Bill Gates, himself very invested in helping poorest countries through the Bill and Melinda Gates Foundation.
He must attend the G20 summit to be held in Cannes on Thursday and Friday at the invitation of French President Nicolas Sarkozy, who had given him a mission on the subject of innovative financing.
The founder of Microsoft said it will present its report with proposals on "Innovative Financing for the world to continue to invest in the development despite budget constraints" current.
"The private sector has not invested in the development as it should, because the incentives were not always obvious. But it is possible to promote" greater private sector involvement, he said.
"In my report to the G20, I will do a half-dozen recommendations to mobilize tens of billions of dollars from private resources each year," he said Bill Gates.
He delivered such that the costs of remittances from migrants to their countries of origin increased from 10% to 5% of the amount sent. "This will unlock $ 15 billion per year in the poorest countries," Judge said.