Poverty Up as European Union Aid Falls
Development assistance: The recent figures
The data for official development assistance (ODA) 2009 published by the OECD’s Development Assistance Committee (DAC) in April 2010 (see reference) give a bleak picture. In a year of severe world economic crisis, ODA, generally acknowledged as the essential tool to fight poverty, stagnated. And contrary to the EU’s constantly repeated commitment on scaling-up aid, EU ODA fell – just one year before the deadline for reaching the EU targets. By Bodo Ellmers
The 23 DAC donors’ disbursed US$119.6bn net ODA in 2009, down from US$122.3bn in 2008. In real terms, at constant 2008 prices and exchange rates, ODA showed a minimal increase to US$123.1bn, up 0.7% from 2008 levels. This does not mean that donors made much progress in reaching the 40-years-old United Nations’ goal of providing ODA to the amount of 0.7% of their gross national income ...
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