Hollande does U-turn, increases French development aid

During a meeting with ambassadors in Paris on 30 August 2016, France's president François Hollande announced the decision to increase the country's official development assistance budget for 2017, putting an end to several consecutive years of funding cuts.

• Primary Source

ESO: Background information: France rows back on development aid cuts http://www.europeansources.info/record/france-rows-back-on-development-aid-cuts/

EurActiv, 21.10.16: France strengthens financial transaction tax to fund development http://www.euractiv.com/section/euro-finance/news/france-strengthens-financial-transaction-tax-to-fund-development/

EurActiv, 03.11.16: French MPs: Hollande’s presidency ‘catastrophic’ for development http://www.euractiv.com/section/development-policy/news/french-mps-hollandes-presidency-was-catastrophic-for-development/

---