Abu Dhabi: The UAE has been named the world’s largest donor of official development assistance in 2013, offering $5.4 billion (Dh19.84 billion), representing 1.34 per cent of its Gross National Income, according to the Organisation for Economic Cooperation and Development (OECD).
To date, France is the only country to match this percentage through its globally administered aid in 1961.
The Development Assistance Committee (DAC) of OECD commended the UAE’s efforts to enhance and support international development. DAC’s final report also showed that Norway came in the second position, after the UAE, achieving official development aid of 1.07 per cent, followed by Sweden, with 1.01 per cent, then Luxembourg in the fourth position with 1 per cent, Denmark in fifth position with 0.85 per cent, the UK in sixth position with 0.71 per cent, and Holland in seventh position with 0.67 per cent.
Shaikh Mansour Bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs, said the final report of the DAC of the OECD has asserted the UAE’s merit to win the first position as the world’s largest donor country in proportion to the Gross National Income (GNI), making a record leap in the history — none of the DAC-member states has made such a large contribution for 50 years. The UAE exceeded UN’s target of 0.7 per cent, providing 1.34 per cent of its Gross National Income as Official Development Assistance in 2013… see more
source: gulfnews
Tags: UAE, World, World's Largest Donor
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