Middle East Economic Survey

VOL. LII

No 49

7-Dec-2009

REGIONAL

UN Launches $7.1Bn Humanitarian Appeal

The United Nations has launched an appeal for $7.1bn to fund urgent humanitarian aid for 48mn people in 25 countries over the next year, through its 2010 Humanitarian Appeal. The sum is the largest ever sought by the UN since the creation of the Consolidated Appeal Process in 1991. The funds we need for 2010 are far less than 1% of the amount spent on bailouts of private financial institutions, to...