France's aid to poor countries is progressing

The French development Agency (AFD) has increased its funding of 10 % in 2018, according to the balance sheet presented on Wednesday by its general director, Ré

France's aid to poor countries is progressing

The French development Agency (AFD) has increased its funding of 10 % in 2018, according to the balance sheet presented on Wednesday by its general director, Rémy Rioux, carrying his envelope of € 11.4 billion, which have provided support to 846 projects. Emmanuel Macron is committed to increasing official development assistance (ODA) - fell to 0.38% of gross national income (GNI) by 2016 - at a rate of 0.55 % at the end of its quinquennium. Last year, she has reached 0.43 %, which is still far short of the 0.7% target set by the united nations, only Sweden, Luxembourg, Norway, Denmark and the United Kingdom have exceeded among OECD countries.

For the AFD, "the priority of priorities" is Africa, with 49 % of the envelope, insisted Rémy Rioux. Specifically, the agency explains that the projects it supports, for example, have allowed, in 2018, enrollment of 463.000 girls - a key factor in the development - and sustainable access to safe drinking water for 826,000 people.

private Funding

The significant increase of French aid to development - 40 % in three years - contrast with the situation in the world. At the time, Rémy Rioux presented its balance sheet, the OECD published a report showing a decline "alarming" 2.7 % of the development aid in the world between 2017 and 2018. It was established last year 149,3 billion.

of Particular concern, according to Angel Gurria, the secretary-general of the international organization based in Paris, the bilateral aid granted to the poorest countries has declined by 3 % year on year. And the one sent to Africa alone of 4 %. "The donor countries do not take their commitment to increased funding for the development in 2015, which bodes ill for our ability to realize the Goals of sustainable development to 2030" established by the united nations, regretted still, Angel Gurria. The public aid is not the only cause, private financing in favour of developing countries have also declined.

Updated Date: 11 April 2019, 00:00

Kathleen Lees

Lees


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