Oxfam comment to $40bn UN announcement for maternal and child health

The UN General Secretary Ban Ki Moon will today announce a major financial commitment - $40 billion - for Child and Maternal Health. Oxfam is examining the numbers and will be issuing a statement in reaction shortly.
 
Emma Seery, Oxfam’s spokesperson, said:
 
"We have learned to be skeptical of big announcements at Summits, and we question how much of this money can possibly be new. What really counts is where the money is coming from, which means leaders going home and putting that money into national budgets.
 
"An additional $88 billion is what is needed from now to 2015 to meet the child and maternal health goals, and anything less than this is not going to be enough for the world’s poorest people."