Log in
Login
Password
Remember
Lost password
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

4-Traders Homepage  >  News

News

Latest NewsCompaniesMarketsEconomy & ForexCommoditiesHot NewsMost Read NewsRecomm.Business LeadersCalendar 

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
01:31p GENERAL MOTORS : LULAC, GM Arlington Assembly Celebrate New Technology Lab at The University of Texas at Arlington
01:21p CELYAD : Belgian biotech kills its BioBusiness Center plan
01:12p VONAGE : Offers Free Calling to Taiwan
01:06p MOODY : SGS maintains top Moody's rating
01:06p ABOITIZ EQUITY VENTURES : Pork Festival kicks off in Butuan
01:05p FRESH MARKET : Wine Tastings
01:02p BURTON ALBION FC : Manager's verdict: bradford
01:01p TAINAN ENTERPRISES : Taiwan earthquake death toll rises to 14
12:52p PRISM MEDICAL : Products creating 45 new jobs in 2016
12:37p GAINESVILLE AREA CHAMBER OF COMMERCE : Waldo’s Farmers and Flea Market’s 9th Annual Easter Egg Hunt
Latest news
Advertisement
Hot News 
ANDALAS ENERGY AND POWER : & Power signs heads of agreement to farm-in to Indonesian gas project
GWG : CEO Jon Sabes Appears on TheStreet.com
Technology rout pushes Nasdaq to lowest close since 2014
Lions Gate Plummets Amid Lack of Earnings Guidance
LINKEDIN : forecasts weak first-quarter profit, shares plunge
Most Read News
02/05 CLIFFORD CHANCE LLP : advises on sale of the Isaac Plains Coal Project by Sumitomo Corporation and Vale
02/05 FOX, ABC Outlets in LA to Air AHF Condom Ad during Prime Time
02:37a HNA Tourism Named Best Tourism Investment Group at 2016 World Tourism Forum
02/05 BEIJING MUNICIPAL GOVERNMENT : China stops approving new coal mines
07:01a REMINDER/MEDIA ADVISORY : Itinerary for the Prime Minister, Justin Trudeau, for Saturday, February 6, 2016
Most recommended articles
10:16a German competition watchdog wants 'big data' hoards considered in merger probes
09:35a CHINA PETROLEUM & CHEMICAL : starts investigation of Sinochem Group president Cai Xiyou
07:43a PEUGEOT : Iran says Peugeot would pay compensation for withdrawal during sanctions
07:31aDJIran Sets Crude Oil Export Volumes for Europe
07:12a Is Chipotle a riskier place to eat? Hard to know