Author (Person) | Barbière, Cécile |
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Series Title | EurActiv |
Series Details | 15.10.15 |
Publication Date | 15/10/2015 |
Content Type | News |
Following four consecutive years of cuts, France was expected to stabilise its aid budget in 2016. This was seen as a first step towards the €4 billion increase promised by president François Hollande. After originally presenting another reduced development aid budget for 2016, the French government back-tracked and submitted an amendment to bring the situation more in line with its promises. The amendment submitted by the French government on 13 October 2015 proposed to increase the share of the Financial Transaction Tax (FTT) allocated to development aid from €160 to €260. |
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Source Link | Link to Main Source http://www.euractiv.com/sections/development-policy/france-rows-back-development-aid-cuts-318548 |
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Countries / Regions | France |