(a) Estimates of gross national income

Current earmarkings are based on gross national income (GNI) per capita for 2001.

a Low income GNI per capita of 735 and less.

We repeat the goal is only 0.7 per cent of gross national income.

First, the scale for 2007 2009 should be based on the most current available GNI data.

Lower middle income GNI per capita between 736 and 2,935.

c 2003 per capita GNI estimate based on United Nations Statistics Division data.

However, although GNI was the best approximation of capacity to pay, it was not the only one.

The European Union has now set a clear timetable to achieve the 0.7 per cent target for aid.

From the outset, we have led the efforts to increase this assistance to 0.7 per cent of gross national income by 2015.

(a) Estimates of the gross national product

As stated in paragraph 1, the recalculation uses 2003 per capita GNI and population data.

It had no objection to the use of GNI data covering periods up to 2004 in preparing the scale of assessments for 2007 2009.

As such, we welcome the recommitment to the Monterrey and Johannesburg outcomes and the renewed emphasis upon the achievement of the target of 0.7 per cent of gross national income for official development assistance.

However, the principal element of the methodology should continue to be capacity to pay, the most accurate reflection of which was gross national income (GNI).

On the contrary, it included the former Yugoslavia in the scales of assessments that it adopted for the periods 1995 1997 and 1998 2000, based on national income gross national product data for Serbia and Montenegro.

Population assistance in relation to gross national product

All developed countries should make timetables for reaching the target of 0.7 per cent of gross national income for international development assistance by the year 2015.

The representative of the European Union had stated that the most accurate reflection of capacity to pay was gross national income (GNI) and that there could be no basis for exceptions to that principle.

This would mean a direct negative shock to household spending in the US of around 5 of national income, and of around 3.5 in Europe and Asia.

This was the result of the steady decline in national income.

The increases and decreases therein result from changes in per capita GNI and population data as calculated using the agreed distribution methodology.

It favoured a six year base period for the scale of assessments, since it would help to smooth out the impact of short term fluctuations in GNI and promote stability in the scale.

The per capita gross national product (GNP) is around 850.

However, the amount given has amounted to a mere 0.25 per cent of the combined gross national income of countries that are members of the Development Assistance Committee of the Organization for Economic Cooperation and Development.

Initial TRAC 1 refers to the current TRAC 1 calculation for the years 2004 2007 using 2001 GNI per capita data.

Initial TRAC 1 refers to the current TRAC 1 calculation for the years 2004 2007 using 2001 GNI per capita data.

Clearly, capacity to pay could not be measured through statistics alone, and stubborn adherence to the criterion of per capita GNI was erroneous and misleading, and did not correspond to economic realities.

(e) A low per capita income adjustment of 80 per cent, with the threshold per capita income limit of the average per capita gross national product of all Member States for the statistical base periods

We reaffirm the long standing commitment to the target of 0.7 per cent of gross national income for official development assistance (ODA) and welcome the commitments made, especially by the European Union and others, to that end.

In addition to the five countries currently meeting or exceeding the 0.7 target, seven more donors have pledged to reach the target before 2015.

Third, since the current scale was based on the average of the results of machine scales using base periods of three and six years, it failed to smooth out the impact of short term fluctuations in GNI.

European cohesion funds account for only a fraction of a percent of European GDP, whereas about 10 of national income is typically spent on social transfers.

Efforts should also be made by the six out of 22 donor countries that have not pledged to achieve the 0.7 per cent of gross national product (GNP) for official development assistance, since their GNPs add up to roughly half of the global total.

For us developed countries that means significantly stepping up our official development assistance (ODA) and establishing timetables to reach the agreed ODA target of 0.7 per cent of gross national income.

Option 1 refers to the midterm TRAC 1 recalculation for the years 2006 2007 using 2003 GNI and reflecting both upward and downward TRAC 1 recalculations.

Option 1 refers to the midterm TRAC 1 recalculation for the years 2006 2007 using 2003 GNI and reflecting both upward and downward TRAC 1 recalculations.

There were also strong calls for keeping to the commitment to devote 0.7 per cent of gross national income to official development assistance, innovative sources of finance and ensuring immediate and wide ranging debt relief and cancellation.

Hence, my delegation welcomes the efforts of those donor countries that have achieved the 0.7 per cent target of gross national income as official development assistance (ODA), with 0.2 per cent of gross national income for the least developed countries.

As stipulated in decision 2002 18, the midterm recalculation is based on per capita GNI from the latest World Bank Atlas and the most recent population data available, which is for 2003.

The UK has pledged 0.7 of its gross national income, but is debating who will receive it.

Option 2 refers to the midterm TRAC 1 recalculation for the years 2006 2007 using 2003 GNI and reflecting only upward TRAC 1 recalculations.

Option 2 refers to the midterm TRAC 1 recalculation for the years 2006 2007 using 2003 GNI and reflecting only upward TRAC 1 recalculations.

It is easy to imagine each social group demanding a larger share of national income, which by definition is inflationary.

The fishing industry contributes 1.3 per cent to the Territory's GDP.