icon bookmark-bicon bookmarkicon cameraicon checkicon chevron downicon chevron lefticon chevron righticon chevron upicon closeicon v-compressicon downloadicon editicon v-expandicon fbicon fileicon filtericon flag ruicon full chevron downicon full chevron lefticon full chevron righticon full chevron upicon gpicon insicon mailicon moveicon-musicicon mutedicon nomutedicon okicon v-pauseicon v-playicon searchicon shareicon sign inicon sign upicon stepbackicon stepforicon swipe downicon tagicon tagsicon tgicon trashicon twicon vkicon yticon wticon fm
21 Nov, 2019 14:42

Just 8 percent of EU aid goes to world’s poorest countries

Just 8 percent of EU aid goes to world’s poorest countries

The European Union often goes to great lengths to tout its humanitarian work but a new report has revealed that a mere eight percent of the bloc’s aid reaches the world’s poorest countries.

The newly released study from Concord, the NGO network, shows that very little of the billions donated by EU member states gets to where it’s needed most.

Also on rt.com EU split over accession process delays any hope of membership for struggling Balkan nations

Last year saw a marginal rise in aid going to the least developed countries, rising from 0.11 percent to 0.12 percent, but 16 countries from among the world’s poorest received a mere eight percent of EU funding.

The report also reveals that EU aid went down for the second year in a row and currently represents only 0.47 percent of the union’s combined gross national income. 

The EU is signed up to the United Nations target of spending 0.7 percent of combined gross national income on such aid but, at the present rate, it will not reach that target until 2061.

RT

Currently only Sweden, Luxembourg, Denmark and [the soon-to-leave] United Kingdom are reaching the 0.7 percent commitment. The UK’s main political parties have pledged to retain the target after it exits the bloc.

Like this story? Share it with a friend!

Podcasts
0:00
26:13
0:00
24:57