UK is one of only seven nations to hit foreign 0.7% aid target: Budget is more than double the average of some other Western countries

Mail Online | 1/12/2018 | Daniel Martin for the Daily Mail
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Britain spends a larger proportion of its income on foreign aid than other major Western countries, figures have shown.

It is now one of only seven countries around the world to meet the target to spend 0.7 per cent of its national income on overseas aid.

Figures - Organisation - Economic - Co-operation - Development

The figures were compiled by the Organisation for Economic Co-operation and Development, which represents industrialised nations. The target itself was set by a United Nations resolution in 1970.

Britain’s aid budget of 0.7 per cent of GDP recorded in 2016 is more than double the average proportion of 0.32 per cent seen across the OECD.

Levels - Countries - France - Australia

And it is far higher than the levels given by countries such as France and Australia.

The aid target – made law by David Cameron and backed by Theresa May – has seen spending soar to £13.4billion.

Tory - Backbenchers - Target - Money - Priorities

Many Tory backbenchers believe the target should be scrapped to allow more money to go to domestic priorities such as social care.

The OECD figures, published yesterday, reveal that Britain is now sixth-equal in the aid league table. Top is the United Arab Emirates at 1.21 per cent, followed closely by Norway on 1.12 per cent. Luxembourg spends 1 per cent of national income on aid, followed by Sweden at 0.94 per cent and Denmark at 0.75 per cent. Britain ties with Germany, with both spending 0.7 per cent.

Comparison - Australia - Cent - Income - Aid

In comparison, Australia spends just 0.27 per cent of its national income on aid, Italy gives 0.28 per cent, and France spends only 0.38 per cent.

While the United States is the world’s largest aid donor...
(Excerpt) Read more at: Mail Online
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