"During a domestic fiscal emergency, when we need to prioritise our limited resources on jobs and public services, sticking rigidly to spending 0.7% of our national income on overseas aid is difficult to justify to the British people, especially when we are seeing the highest peacetime levels of borrowing on record," Mr Sunak said. … [Read more...] about Tory minister resigns in protest as UK foreign aid spending slashed by £4bn
Foreign aid
Boris Johnson hit by major Tory backlash over cuts to UK foreign aid budget
He said: "0.7% is ultimately very simple. We share this planet with millions who are starving, with mothers who die needlessly in childbirth and with children who die of preventable diseases and with countries that are broken by conflict, corruption and poverty. … [Read more...] about Boris Johnson hit by major Tory backlash over cuts to UK foreign aid budget
China contributes more to global development after upgrading foreign aid
Rommel Banlaoi, president of the Philippine Association for Chinese Studies, said in conducting international development cooperation, China -- the largest developing country in the world -- has shown its global vision, which is a vision that can be shared, particularly by neighbors in the developing world. … [Read more...] about China contributes more to global development after upgrading foreign aid
Foreign aid disbursement falls way short of 2020 target
Many ministries, sectors and organizations reached a low disbursement rate, including the Ministry of Planning and Investment, the Ministry of Culture, Sports and Tourism, among others. The Ministry of Agriculture and Rural Development committed to disbursing all of its allocated foreign loans but reached a disbursement rate of only 41.7 percent as of November 30. … [Read more...] about Foreign aid disbursement falls way short of 2020 target
HCM City hopes to receive more support from foreign NGOs
Addressing the event, President of the VUFO in HCM City Vuong Duc Hoang Quan thanked the General Consulates of countries, business associations, foreign organizations and foreign NGOs as well as individuals for their contributions in sustainable poverty reduction and socio-economic development in the city and Vietnam as a whole. … [Read more...] about HCM City hopes to receive more support from foreign NGOs
