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 CEST
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: [email protected]
distributed by
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news
Date Title
07:11a FOSUN INTERNATIONAL : China regulator warns on mega foreign ventures
07:11a DAIWA SECURITIES : Nomura plots Frankfurt move due to Brexit
07:11a ABERDEEN ASSET MANAGEMENT : Standard Life and Aberdeen probe dropped
07:11a INTERNATIONAL CONSOLIDATED AIRLINES : London landmarks included in Britain's best buildings ranking
07:11a BOEING : on cloud nine after new orders trickle in
07:11a GATELEY : Floating above the crowd - the law firm that listed
07:11a JUVENTUS FOOTBALL CLUB : Juve agree to release manchester city target
07:10a FOXCONN TECHNOLOGY : Boston Herald The Ticker column
07:10a ENERNOC : agrees to $300M buyout by Italian firm
07:09a BOURBON : Evolution of the composition of the Board of Directors and the special Committees
Latest news
Advertisement
Hot News 
0.16%Oil Ticks Higher But Outlook Still Lackluster
Most Read News
06/22 WARREN BUFFETT : 'Bailout' Buffett burnishes 'lender of last resort' image
06/22 EXCLUSIVE : China Unicom counts Alibaba, Tencent among investors in drive to raise $10 billion - sources
06/22 American Airlines pushes back on Qatar Airways plan to buy stake
06/22 TOSHIBA : to seek extension on financial filing Friday - Yomiuri
06/22 TAKE TWO : Labor & Industry re-launches modernization of jobless benefits computer system
Most recommended articles
01:07a Big Oil turns to big data to save big money on drilling
12:51aDJGLOBAL MARKETS : China Stocks Fall as Deal Makers' Borrowing Probed -- Update
12:41aDJGLOBAL LOGISTIC PROPERTIES : Says It Remains in Talks With Shortlisted Bidders
12:36a ELBIT : says innovation key to crowded drone market
12:30a KALBE FARMA TBK PT : Touted sea change in Indonesia shipping network may hit choppy waters