DAKAR, 27 April 2010 (IRIN) - Members of the Organisation for Economic Coooperation and Development’s (OECD) Development Assistance Committee (DAC) gave US$121.5 billion in bilateral aid in 2009, reaching a historic high, but the gap between commitments and promises made in 2005 is widening, says the UK’s Overseas Development Institute (ODI). In 2005 DAC donors collectively promised to commit 0.56 percent of gross national income to aid by 2010, but reached just 0.31 percent in 2009, according to OECD’s 2010 aid report issued on 23 April. “Though aid commitments have continued to increase, the rate of increase has dropped off in the past few years…making donors increasingly off-track,” ODI research fellow Alison Evans told IRIN. DAC donors gave $27 billion to Africa in 2009, an increase of 3 percent on 2008, but this is still less than half of the extra aid they promised at Gleneagles in 2005, said Evans. Norway, France, the UK, Korea, Finland, Belgium and Switzerland all increased their aid commitments, while Japan, Greece, Ireland, Spain and Portugal, among others, reduced theirs.
http://www.irinnews.org/Report.aspx?Reportid=88942
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