Saturday, April 16, 2011

Development: Aid increases, but with worrying trends


Aid flows from OECD Development Assistance Committee (DAC) donor countries totalled USD 129 billion in 2010, the highest level ever, and an increase of 6.5% over 2009. This represents about 0.32% of the combined gross national income (GNI) of DAC member countries.

While the 2010 figures demonstrate a commitment to the neediest countries, they also confirm that some donors are not meeting targets they set at Gleneagles and other fora.

See full Press Release.