Thani Mohamed-Soilihi, Minister of International Partnerships: on development aid, "our only compass must be effective"

Paris. France. The Organisation for Economic Cooperation and Development (OECD) expressed, on Wednesday, April 16, “concern” about the future of development aid in the world. In 2024, this aid fell back for the first time in six years after a growing number of countries cut the budget allocated to it, including the United States. The amounts devoted to public development aid reached $212.1 billion last year, that is, there was a 7.1% decrease fr…

In the face of US disengagement and the budgetary situation in France, the minister responsible for aid to the most vulnerable countries defends the new executive strategy.

According to data published today by the Organization for Economic Cooperation and Development (OECD), the decrease in global development assistance aid was due to the reduction in contributions to international organizations, the decrease in aid to Ukraine and the cut in expenses for hosting refugees. The amounts enshrined by the member countries of the OECD Development Aid Committee (CAD) amounted to 212.1 billion dollars (about 186 billion eu…

The OECD is publishing today the figures for Official Development Assistance (ODA) for the year 2024, ending 5 consecutive years of increase. Official aid for global development has fallen by 7.1%, while that of France has remained stable compared to 2023, as the decline in its grants has been offset by a 21% increase in its ODA in the form of loans. This year 2024 marked the beginning of a free fall with an imminent crash already announced in 2…