Log In Sign Up
News Wire / economy

G7 Development Aid Spending Drops 23 Percent

MDR Aktuell Evian 11d11d Impact 5

OECD data shows that donor country spending on development aid has decreased by 23 percent. The United States and France, the host of this year's G7 summit, have implemented budget cuts. G7 development aid ministers are preparing for a summit in Evian in mid-June to discuss effective aid strategies with reduced funding. German Minister Riem Alabali-Radovan stated to ARD in Paris that public funds will no longer be sufficient to address major global challenges. The German government is also expected to fall short of the 0.7 percent of gross national income target for development aid. A German minister stated that development aid systems require reform to increase efficiency and reduce fragmentation. The minister noted that the United Nations needs to become more efficient by addressing parallel structures.

OECD data shows that donor country spending on development aid has decreased by 23 percent. The United States and France, the host of this year's G7 summit, have implemented budget cuts. G7 development aid ministers are preparing for a summit in Evian in mid-June to discuss effective aid strategies with reduced funding. German Minister Riem Alabali-Radovan stated to ARD in Paris that public funds will no longer be sufficient to address major global challenges. The German government is also expected to fall short of the 0.7 percent of gross national income target for development aid. A German minister stated that development aid systems require reform to increase efficiency and reduce fragmentation. The minister noted that the United Nations needs to become more efficient by addressing parallel structures. There is a call to better involve the private sector and integrate the Global South into development processes. German Minister Riem Al-Abali addressed the shrinking budgets available for these initiatives.

Topics

G7 development aid OECD budget cuts

Developing

  1. 862d Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore.
  2. 862d Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur.
  3. 862d Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est.
  4. 862d Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium.

Sources · 7 independent

MDR Aktuell

“Nach OECD-Angaben sind die Ausgaben der Geberländer für Entwicklungshilfe um 23% eingebrochen. Vor allem die USA haben massiv gestrichen. auch das Gastgeberland des diesjährigen G7-Gipfels Frankreich.”

MDR Aktuell

“die USA haben massiv gestrichen. auch das Gastgeberland des diesjährigen G7-Gipfels Frankreich.”

MDR Aktuell

“die USA haben massiv gestrichen. auch das Gastgeberland des diesjährigen G7-Gipfels Frankreich. und auch die deutsche Bundesregierung werden das erklärte Ziel von 0,7% des Brutton-Nationaleinkommens nicht erreichen.”

MDR Aktuell

“Gerade die Vereinten Nationen müssten effizienter werden, so die Ministerin. Es gäbe noch zu viel Fragmentierung und Parallelstrukturen. Der globale Süden müsse besser eingebunden werden.”

MDR Aktuell

“Nach OECD-Angaben sind die Ausgaben der Geberländer für Entwicklungshilfe um 23 Prozent eingebrochen. Vor allem die USA haben massiv gestrichen.”

Unlock the full story

Get a Pro subscription or above to see the live story progression and the full list of independent sources confirming each event as they happen.

Log in to upgrade