Rich Countries Got More Generous Last Year
The Guardian reports that
according to the OECD’s new figures, foreign aid for development grew
by 6.1 percent in 2013 after falling for two years. Six countries are
currently meeting their pledge under the U.N. Millennium Development
Goals to spend 0.7 percent of gross national income on aid.
Surprisingly, the world’s most generous country in percentage terms
is the United Arab Emirates, whose donations jumped by more than 375
percent last year. This is largely driven by a
massive aid package that the UAE signed with Egypt in 2013. The UAE now
spends 1.25 percent of its GNI on aid. Norway and Sweden were next.
In dollar amount terms, the U.S. give more than any other country,
spending more than $31 billion—though that accounts for a comparatively
low 0.19 percent of GDP. (By contrast, Americans believe that as much as
28 percent of U.S. budget goes to foreign aid, which would be something.)
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