|Rank||Country||Economic aid - donor (Billion $)|
|7||United Arab Emirates||5.2|
Definition: This entry refers to net official development assistance (ODA) from Organization for Economic Cooperation and Development (OECD) nations to developing countries and multilateral organizations. ODA is defined as financial assistance that is concessional in character, has the main objective to promote economic development and welfare of the less developed countries (LDCs), and contains a grant element of at least 25%. The entry does not cover other official flows (OOF) or private flows. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms.
Source: CIA World Factbook - Unless otherwise noted, information in this page is accurate as of January 1, 2012See also: Economic aid - donor map
Global: FAO calls for a better way of feeding the millions
IRIN - 5/20/2013 11:59:01 PM
While food aid is relatively small in terms of the global food economy, it constitutes a significant share ... especially when sourced in a donor country. "Experience shows that timely deliveries of appropriate resources can enable people to manage shocks ...
Czechs unaware their country joined prestigious donors club
EurActiv.com - 5/16/2013 11:53:37 AM
The Czech Republic has become the first country ... becoming a donor of development aid. The Czech Republic becomes the 26th member of the OECD Development Assistance Committee (DAC), nations which together provide as much as 95 % of total global ...
Malawi vows more ‘painful medication’ to aid economy
en.starafrica.com - 5/24/2013 6:17:50 PM
President Joyce Banda’s government vowed to stick to unpopular austerity policies Friday, even as an influx of donor cash allows spending to increase by a third in Malawi. Finance Minister Ken Lipenga doubled down on IMF-backed reforms, tellin ...
GLOBAL: Individuals give NGOs more funds than donors
IRIN - 5/22/2013 11:56:38 PM
DAKAR, 13 March 2009 (IRIN) - NGO private funding outstrips humanitarian financing from some of the world ... People’s Aid receives one percent from private donors, while MSF receives 86 percent. This comes down partly to respective countries' funding ...
Japan PM Shinzo Abe in Burma for economic talks
BBC Online - 5/25/2013 4:40:36 AM
Japanese PM Shinzo Abe is in Burma on the first visit by a Japanese head of government since 1977. A business delegation is accompaningy Mr Abe, who is keen to strengthen economic ties with Burma. Japan is a key aid donor to Burma, and ...
GLOBAL ECONOMIC GROWTH STILL SLUGGISH,
mediaforfreedom.com - 5/23/2013 6:11:51 PM
The UN <"http://www.un.org/en/development/desa/policy/wesp/wesp2013/wesp13update.pdf">World Economic Situation and Prospects (WESP) 2013 mid-year update <"http://www.un.org/en/development/desa/policy/wesp/wesp2013/Press_release.pdf">notes that ...
Global Health, Development and Business Leaders Announce New Innovative Financing Partnership
africanbrains.net - 5/24/2013 1:07:02 AM
A new 5-year guarantee has the potential to unlock immense private sector financing, accelerating efforts to achieve MDGs. On May 17 leading global health and development experts from the public and private sectors joined forces at the 2013 ...
Abe on 1st visit to Myanmar by a Japanese PM in 36 years as Tokyo seeks deeper economic ties
FOX News - 5/24/2013 10:25:23 AM
TOKYO – Prime Minister Shinzo Abe is traveling to Myanmar on the first visit to the country by a Japanese leader in 36 years, as Tokyo bids to reassert its position as a top economic partner after decades of frosty relations with the previous ...
World Bank Pledges $1 Bln To Aid Peace In Africa's Great Lakes
International Business Times - 5/22/2013 6:41:41 PM
The World Bank pledged 1 billion U.S. dollars on Wednesday (May 22) to fund development in central Africa's Great Lakes region in return for peace, but fresh fighting in eastern Congo underscored the challenges facing the area. World Bank President Jim ...
Mali: International Donors Pledge Aid in Effort to Rebuild Mali
AllAfrica - 5/22/2013 11:46:30 AM
The crisis, he added, reflected Mali's economic and political failings which need to be resolved. The purpose of Wednesday's donors' conference is to secure 2-billion-euros ($2.6 billion) in aid to ... dozens of countries from around the world.
Time for food aid reform that helps hungry countries – and the US
The Christian Science Monitor - 5/24/2013 4:59:05 PM
“The short rains have failed, the long rains failed, our livestock has died. If this next short rain fails, then we fear we will die,” he told me. It was the 2011 drought in eastern Africa. I was interviewing the leader of a Kenyan town that ...
Malawi President Joyce Banda Sells Presidential Jet For $15 Million To Aid Her Poor Country
The Huffington Post - 5/22/2013 9:30:29 AM
has been sold for $15 million to raise cash for the impoverished African country, a government official said on Wednesday. Mutharika, who left the economy on the brink of collapse after he picked a fight with donors whose support accounted for ...
Measuring the Cost of Aid Volatility
Brookings - 5/21/2013 11:57:50 PM
Unlike other estimates, our measure does not depend on parameter estimates from cross-country regressions, nor on country-specific model simulations. We treat aid flows as the uncertain return on an unobserved asset of “global goodwill” held by ...
World Bank pledges $1 billion to aid peace in Africa's Great Lakes
Reuters - 5/22/2013 1:12:24 PM
World Bank President Jim Yong Kim unveiled the proposed aid for ... "We believe this can be a major contributor to a lasting peace in the Great Lakes region," Ban said in a statement on Wednesday. "This funding will help revitalize economic ...
Global Health, Development and Business Leaders Launch Financing Partnership to Deliver Essential Health Supplies [Health & Beauty Close - Up]
equities.com - 5/22/2013 4:29:50 AM
Global ... country recipients, this financing partnership enables recipient countries to access higher quality and more effective methods of health supplies at no additional cost. Currently, due to lag time between the donors and recipients, aid ...