4/07/2008

Italian ODA 2007: slight decrease and big increase in REAL aid

According to figures by the DAC, Italian aid in 2007 decreased by 3.6% but its "real aid" - discounting debt releif - increased by 46.7% from 2006 to 2007 - the secondo donors biggest increase - while aid to Africa almost trippling from 2006. Prospects for 2008 are still positive thanks to late 2007 financial appropriations to be disbursed in early 2008. If this positive trend continues, Italy could get its cooperation on track in time for its G8 presidency.


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