2023 figures show EU aid keeps failing human development and equality
– OECD DAC unveiled early figures for 2023 Official Development Assistance (ODA) spending by donor countries.
– Donor countries are failing to meet the original objectives of ODA to promote human development and fight inequalities.
– EU ODA increase in 2023 is largely driven by inflated figures, with a substantial portion going to in-donor refugee costs.
– ODA levels to least developed countries (LDCs) have not recovered from cuts in 2022.
– EU donors keep failing to meet the targets of allocating at least 0.7% of their GNI to ODA by diverting funds for domestic interests.