5/19/2009

2008 Italian ODA at 0.22%

OECD/DAC data on ODA released at the end of Mach will need to be corrected on the rise for Italy.
As a matter of fact, following one moth later re-calculation, Italy notified the DAC to have reached 0.22% of GDP from the previusly stated 0.20%. The previously missing 300 million euros came from the lack of conversion from euro to dollar of some multilateral contributions. Though the last Governemnt can be praised for this, this positive result is well below the politically set quantitative target of 0.33%, set by the Prodi's government for 2008.

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