INFOGRAPHIC: Belt-tightening hits EU development aid

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A recently published report of the Organisation for Economic Co-operation and Development shows that aid to developing nations has fallen in nearly all EU states as governments tighten budgets.

The OECD and the European Commission blamed the economy and eurozone turmoil for the reduction.

Eurozone countries under bailout programs have made particularly deep cuts to their aid budgets, as the following graphic shows.

The report also shows that the EU remains the world’s largest aid donor, providing more than half of the OECD's official development assistance. But Development Commissioner Andris Piebalgs warned that the EU countries are “not moving” in the direction of reaching their collective target of providing 0.7% of the EU gross national income for development purposes.

 

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