Member access

4-Traders Homepage  >  News

News

Latest NewsCompaniesMarketsEconomy & ForexCommoditiesHot NewsMost Read NewsRecomm.Business LeadersVideosCalendar 

Swiss Federal Council : Switzerland's public development aid 2012

04/03/2013 | 10:04am US/Eastern
Bern, 03.04.2013 - Switzerland spent CHF 2,833 million of public development aid (PDA) in 2012, an increase of 4,7% compared with 2011. In international terms, with a PDA of 0.45% of gross national income (GNI), Switzerland is 10th out of the 24 member countries of the OECD's Development Assistance Committee, which published its rankings on 4 April.

Switzerland's public development aid has increased by an average of 5% per year since 2000. In 2012 it rose by 4.7% compared to 2011. This corresponds to CHF 2,833 million, which is CHF 126 million more than in 2011. The increase is due mainly to the extra funds approved by parliament to enable Switzerland to achieve the goal of 0.5% of gross national income by 2015 and by cost increases connected with reception procedures for asylum seekers.

With a PDA of 0.45% of GNI, Switzerland is one of nine countries that increased their volume of contributions in 2012. For 2012 it occupies the 10th position (2011:11th) of the 24 member states of the Development Assistance Committee of the Organisation for Economic Cooperation and Development (OECD), which published its international comparison on April 4 (see press release attached). The percentage of national income earmarked for development is a recognised indicator making it possible to compare the performances of donor countries in relation to their economic affluence. Switzerland is a member of the Development Assistance Committee of the OECD and produces an annual statistical report on its development aid.

Switzerland's public development aid is jointly allocated by the Federal Department of Foreign Affairs (FDFA) and by the Federal Department of Economic Affairs, Education and Research (EAER). It includes expenditure on humanitarian aid, development cooperation, cooperation with the countries of Eastern Europe and sums allocated to poor countries by other departments. At the end of May, the FDFA and the EAER will publish detailed information on the allocation of funds in the annual report on Switzerland's development cooperation in 2012.

Additional indications: Information FDFA
Bundeshaus West
CH-3003 Bern
Tel.: (+41) 031 322 31 53
Fax: (+41) 031 324 90 47
E-Mail: info@eda.admin.ch
distributed by
React to this article
Latest news
Date Title
10:12p AUSTRALIA CHINA : Australian govt denies plans to call off search
10:12p KELLER : Belleville takes additional steps to approve tax incentives for Shrine development
10:12p AMERICAN EXPRESS : Settle income tax with credit or debit cards
10:11p ADARO ENERGY TBK PT : Commodity crash reflects global economic slump
10:11p ENERGY VENTURES : 27 February 2015 - Company Update
10:08p Free Access to Capital Event for Small Business Owners Hosted by VEDC, NLP and UBS Elevating Entrepreneurs
10:06p GOOGLE 'C' : LinkedIn and other companies propose 6 million square feet of offices for north Mountain View
10:06p FORUM ENERGY : Audited results for the year ended 31 December 2014
10:05pDJWoolworths Sells Warehouse Group Stake to James Pascoe
10:04p BOISE CASCADE : announces stock repurchase program (BRIEF)
Latest news
Advertisement
Hot News 
LSK : Indian River returns to "Tradition' by staging "Fiddler on the Roof"
TERTIARY MINERALS : 23 February 2015 - DIRECTOR'S DEALINGS, ISSUE OF WARRANTS, TOTAL VOTING RIGHTS AND CORRECTION
RURELEC : To Pay Off Short-Term Loan As It Eyes Return To Dividends
FALANX : Cyber Insurance Joint Venture
NXP to buy Freescale, create $40 billion company
Most Read News
06:16p OPOWER : reports 4Q loss
06:21p Apple, Google poaching settlement appears headed for approval
06:58pDJCostco Names Citi, Visa as New Credit Partners -- 4th Update
06:51pDJRussia Agrees Dispute Over East Ukraine Gas Won't Endanger EU Supply -- 2nd Update
07:52pDJSpringleaf Nears $4.25 Billion Deal for Citigroup's OneMain -- Update
Most recommended articles
10:05pDJWoolworths Sells Warehouse Group Stake to James Pascoe
09:55p EUR/USD TECHNICAL ANALYSIS : Standstill Above 1.11 Continues
09:55p US DOLLAR TECHNICAL ANALYSIS : Range Top Threatened Anew
09:55p USD/JPY TECHNICAL ANALYSIS : Resistance Sub-121.00 at Risk
09:38p Brent crude oil steadies above $60 after sharp Monday fall
Dynamic quotes  
ON
| OFF