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OECD reported record official development assistance in 2023

Paris. Official development assistance worldwide reached a record $223.7 billion last year, driven mainly by aid to Ukraine, according to the OECD’s annual report published Thursday.

This is the fifth consecutive time that a record has been reached, highlights the Organization for Economic Cooperation and Development, based in Paris, whose Development Assistance Committee (DAC) brings together the world’s main public aid providers.

In 2023, aid to war-torn Ukraine increased 9 percent to $20 billion, including $3.2 billion in humanitarian aid.

Aid to the West Bank and Gaza also increased 12 percent to $1.4 billion, including $758 million (+91 percent) in humanitarian aid, according to the OECD.

Globally, humanitarian aid increased 4.8 percent in 2023 to reach $25.9 billion.

In 2023, according to the OECD, aid increased in 14 of the 31 DAC countries and decreased in the other 17. One of the reasons for this decrease is usually related to the drop in aid to refugees, according to the OECD.

Final official development assistance figures will be available in December, the OECD said.


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– 2024-04-21 01:38:36

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