Aid to poor countries falls further
Global aid fell by 4% in real terms last year to $125.7 billion according to Official Development Assistance (ODA) figures from the Organisation for Economic Cooperation and Development.
Many EU Member States are off track to meet their targets.
The OECD reported that aid from the 15 EU Member States that are DAC members was $63.8 billion in 2012, representing a fall of 7.3% from 2011. NGOs pointed out that this was the second year in a row that EU aid was falling.
Responding to the figures, Dóchas said that aid is crucial to the world achieving the MDGs, helping people in poor countries to realise their basic rights to food, education and healthcare.
In releasing the aid statistics, the OECD noted that “maintaining aid is not impossible even in today’s fiscal climate. The UK’s 2013-14 budget increases its aid to 0.7% of national income, which gives hope that we can reverse the falling trend,” and urged other countries to increase their aid as soon as their budget circumstances allow.
The Irish Government is set to publish its new White Paper on overseas aid in early May, and one of the key tests, say NGOs, is what it will say about the quantity of Irish aid. (see e.g. this submission by Dóchas)
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Entry filed under: EU. Tags: 0.7%, Aid, aid budgets, Aid promises, Aid quantity, Charities, Development Assistance Committee, European Union, global poverty, Ireland, Irish Aid, MDGs, Millennium Development Goals, NGOs, ODA, OECD, OECD DAC, Official Development Assistance, Overseas aid, Smart Aid.