French development aid slowly increasing

France’s development spending increased in 2017, but after years of successive decline, that has only returned it to 2012 levels.

Following years of decline in the budget for development aid, France increased it by 15% between 2016 and 2017, according to statistics published by the OECD’s Development Assistance Committee.

This increase in budget brought French aid up to 0.43% of gross national income (GNI), as compared to the UN’s 0.7% target.

In 2017, only a few EU countries met the UN’s 0.7% target: Denmark, the UK, Luxembourg and Sweden, while Germany, which had met the target in 2016 slipped back under the threshold and spent only 0.66% of its GNI in 2017.

[euractiv.com]

This entry was posted in Humanitarian Aid, International Cooperation by Grant Montgomery.