Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  News

News

Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesHot NewsMost Read NewsRecomm.Business LeadersCalendar 

Swiss Federal Council : Switzerland's public development aid 2012

share with twitter share with LinkedIn share with facebook
share via e-mail
0
04/03/2013 | 04:04pm CET
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
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news
Date Title
07:12p LEAF : Celebrates Corporate Transformation by Ringing The Opening Bell at the New York Stock Exchange
07:11p All participating countries committed to oil output deal, says OPEC secretary-general
07:11p BASF : House Education and the Workforce Committee - Hearing
07:11p NEWPARK RESOURCES INC : Change in Directors or Principal Officers, Financial Statements and Exhibits (form 8-K)
07:11p HOMESERVE USA : Honored with 17 Awards in 2017 Stevie® Awards for Sales & Customer Service
07:09p AIRBUS : appoints new manager for troubled A400M project
07:09p Trump seeks 'historic' increase of 9 percent in U.S. military's budget
07:09pDJU.K. Consumer Confidence Slips in February
07:09p TECH DATA COMPLETES ACQUISITION OF AVNETS TECHNOLOGY SOLUTIONS BUSINESS; Creates premier global IT distributor with the most diverse end-to-end solutions from the data centre to the living room Announces corporate and regional leadership of combined company
07:09p Global Thin Film Market - Expected to be Worth $1.25 Billion by 2022 - Increasing Demand For Wearable Devices - Research and Markets
Latest news
Advertisement
Hot News 
2.31%ESURE : UK insurer esure Group sees 2016 profit ahead of expectations
-7.16%DIRECT LINE INSURANCE : expects lower profit before tax due to discount rate change
-9.64%TRINITY MIRROR : to accelerate digital strategy after print decline
3.41%BUNZL : British distributor Bunzl eyes Trump boost in 2017
-2.46%FTSE ends higher on some positive earnings, insurers slip
Most Read News
11:50a LSE scuppers Deutsche Boerse merger hopes by rejecting EU demand
12:32p Buffett's Berkshire more than doubled its stake in Apple - CNBC
04:38a BANK VTB : Russia's VTB plans to slim down in Europe, keep London as hub
08:20a ING GROEP : Euro zone banks cut cross-border lending as stability fears grow
10:49a TSX flat as banks weigh, gold miners gain
Most recommended articles
04:58a Amazon, Netflix grab a share of Oscar glory
02/23DJVIVENDI : Full-Year Earnings Beat Estimates
01:09p AIRBUS : appoints new manager for troubled A400M project
01:07p GENERAL MOTORS : Tesla deepens recent losses after Goldman recommends selling
12:58p HKEx profit slides on weak trading volumes