OECD calls on Spain to reverse the decline in development aid – Investing.com Spain

MADRID (Reuters) – The Organisation for Economic Co-operation and Development (OECD) on Friday urged Spain to begin to reverse the sharp drop that made since 2010 in the economic resources allocated to official development assistance (ODA) to the poorest countries.

“the gradual economic recovery in Spain should allow begin to reverse the sharp decline in development aid since 2010 and focus more of your budget aid for the neediest countries, “the OECD said in a statement following a review.

the OECD said that public development aid Spain fell by 68 percent between 2010 and 2014, having almost tripled in the preceding period between 2000 and 2009.

Spain spent 1,879 million dollars to development aid in 2014, representing 0.14 percent of its gross national product.

the OECD said Spain has pledged to restore the budget for development aid at previous levels, which reached 0.46 percent reached in 2009 and try to bring it to the target of 0.7 percent .

“the next government should continue with this commitment since Spain is an ally valued in regions focuses its development aid,” said Erik Solheim, director of the development assistance Committee of the OECD.

the OECD also noted that Spain should improve coordination and allocation of resources and personnel, as well as monitoring and evaluation.

with regard to humanitarian aid, the international body also asked Spain closer to the target of 10 percent of total ODA, since by the time Spain spends only 4 percent.

it also called for an effort on aid the least developed countries, which Spain spends 0.03 percent of its gross national product, compared with the target of between 0.15 and 0.20 that the United Nations has set.

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