European countries far from meeting development aid promises

European countries are far from meeting their official development assistance (ODA) targets. Factors related to migration are further adding to the financial pressure faced by development budgets, parts of which are being earmarked to take care of refugees.

European countries pledged to spend 0.7% of Gross National Income (GNI) on ODA by 2015. On average, the twenty-eight country bloc devotes only 0.44% of GNI to development aid, some €36.9 billion less than what was expected for 2015.

Moreover, countries account for some internal costs in their ODA budgets. Examples include expenditures related to refugees and foreign students, as well as debt relief or cancellations granted to the poorest countries.

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