Friday, 10 April 2015

Five good examples of development assistance

A brief note to put on record five good examples of commitment to international development assistance. In 2014 the following countries’ financial contributions to development assistance exceeded the agreed threshold of 0.7% of their GDP: United Kingdom, Denmark, Luxembourg, Norway and Sweden. Sweden, it should be added, was particularly generous. Its financial assistance to development programmes and projects reached 1.1% of its GDP.

These countries and 23 more make the Development Assistance Committee (DAC) of the OECD. The average contribution of the DAC countries to development, also in 2014, remained well below the target – the 0.7% figure – at a mere 0.29% of GDP. 

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