Sweden is a generous aid donor that has put development at the heart of its foreign policy
Sweden delivered USD 5.24 billion in official development assistance (ODA) in 2012, or 0.99% of its gross national income (GNI). It is the second most generous member of the OECD’s Development Assistance Committee (DAC), which groups the world’s major donors, when ODA is measured on a GNI basis. The DAC commends Sweden for budgeting to reach its 1% ODA/GNI target each year since its last peer review in a climate of global financial crisis.
“Sweden has put development at the heart of its foreign policy agenda, showing a strong willingness to take the lead in addressing global challenges,” said OECD DAC Chair Erik Solheim. “We commend Sweden for its efforts to meet a medium-term goal of maintaining aid at 1% of GNI, and remain confident that recently completed reforms should strengthen its ability to deliver an effective aid programme.”