| Author (Corporate) | European Commission: DG Communication |
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| Series Title | Press Release |
| Series Details | IP/10/421 (14.4.10) |
| Publication Date | 14/04/2010 |
| Content Type | News |
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The European Commission has reacted to the aid figures of OECD Development Assistance Committee (DAC) members for 2009, released by the OECD on 14 April 2010. The financial crisis has slowed aid flows. Worldwide development aid by DAC Members has increased by less than 1% in real terms by comparison with 2008. The EU donors in the DAC showed a slight decrease in their aid to developing countries. But they clearly retain the EU position as most generous global donor. The EU donors who are members of DAC account for 56% of worldwide aid. |
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| Source Link | Link to Main Source http://europa.eu/rapid/pressReleasesAction.do?reference=IP/10/421&format=HTML&aged=0&language=EN&guiLanguage=en |
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| Subject Categories | Politics and International Relations |
| Countries / Regions | Europe |