Sweden spent USD 4.73 billion on overseas development assistance (ODA) in 2008. This amounted to 0.98% of its gross national income (GNI), making Sweden the most generous DAC donor countries as a proportion of its economy.
Governments must urgently adapt their labour market policies to help their most vulnerable citizens in the economic crisis.
The Cayman Islands has signed bilateral agreements with seven Nordic economies - Denmark, the Faroe Islands, Finland, Greenland, Iceland, Norway and Sweden - on exchange of information for tax purposes.
The OECD Development Assistance Committee (DAC) commended Sweden for making poverty reduction in developing countries a focus across the full range of government departments.