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Image header Agence Europe
Europe Daily Bulletin No. 11656
Contents Publication in full By article 24 / 33
EXTERNAL ACTION / Development

€36.5 billion deficit in public aid promise by EU threatens SDGs, NGOs regret

In 2015, the European Union again failed to reach the goal it set itself for collectively allocating 0.7% of its Gross National Income (GNI) to public development aid (PDA). The funding deficit in terms of real transfers of resources to development stood at €36.5 billion according to the 2016 reports on European PDA, which was published on Wednesday evening 26 October by CONCORD, the largest development NGO network and Aidwatch.

According to these NGOs, this deficit is not insignificant...

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