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More effort needed to reach foreign aid targets, says OECD Report

22-Feb-2007

Aid donors will have to increase funding for aid programmes faster that any other public expenditure in order to fulfil their commitments to increase aid to $130 billion and double aid to Africa by 2010, says the OECD’s Development Co-operation Report. Aid funding, recently rising by 5% per year, would have to rise by 11% every year from 2008 to 2010.

DAC Chair calls on donors to deliver on their Gleneagles commitments

06-Dec-2006

Final data on aid flows in 2005 reveal that underlying aid flows to the poorest countries in sub-Saharan Africa have stalled. Official development assistance from members of the OECD’s Development Assistance Committee, which groups the world’s major donors, reached USD 106.8 billion in 2005, a record high.

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