Series Title | EurActiv |
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Series Details | 30.04.14 |
Publication Date | 30/04/2014 |
Content Type | News |
Development aid rose by 6.1% in real terms in 2013 to reach the highest level ever recorded, despite continued pressure on budgets in OECD countries since the global economic crisis. Donors provided a total of $134.8bn in net official development assistance (ODA), marking a rebound after two years of falling volumes, as a number of governments stepped up their spending on foreign aid. An annual survey of donor spending plans by the OECD Development Assistance Committee (DAC) indicated that aid levels could increase again in 2014 and stabilise thereafter. However, a trend of a falling share of aid going to the neediest sub-Saharan African countries looks likely to continue. The largest donors by volume were the United States, the United Kingdom, Germany, Japan and France. Denmark, Luxembourg, Norway and Sweden continued to exceed the 0.7% ODA/GNI target and the UK met it for the first time. The Netherlands fell below 0.7% for the first time since 1974. |
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Source Link | Link to Main Source http://www.euractiv.com/sections/development-policy/infographic-has-eu-become-more-generous-developing-world-301862 |
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Subject Categories | Politics and International Relations |
Countries / Regions | Europe |