| Author (Corporate) | European Commission: DG Communication |
|---|---|
| Series Title | Press Release |
| Series Details | IP/13/299 (03.04.13) |
| Publication Date | 03/04/2013 |
| Content Type | News |
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Aid figures released by the Organisation for Economic Co-Operation and Development (OECD) on 3 April 2013 show that the European Union and its 27 Member States remained the world's largest donor in 2012, providing more than half of the Official Development Assistance (ODA) reported by Development Assistance Committee (DAC). The economic crisis and severe budgetary constraints facing most developed countries have impacted global Official Development Assistance (ODA) levels negatively, resulting in a nominal decrease of more than EUR 8 billion compared to 2011. The EU collective ODA decreased to EUR 55.1 bn from EUR 56.2 bn in 2011; or from 0.45% to 0.43% of EU gross national income (GNI). The total ODA of the 27 EU Member States alone decreased from 52.8 bn to 50.5 bn, or from 0.42 to 0.39% of GNI. Only four Member States increased1 and seven maintained their ODA levels2, while 16 Member States reduced their effort. |
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| Source Link | Link to Main Source http://europa.eu/rapid/press-release_IP-13-299_en.htm |
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| Subject Categories | Politics and International Relations |
| Countries / Regions | Europe |
