DEVELOPMENT: SLOW SOFT LOAN REPAYMENTS CUT SPAIN'S AID TOTALS

Inter Press Service English News Wire | April 19, 1996| | Copyright

Tito Drago
Inter Press Service English News Wire
04-19-1996
MADRID, Apr. 18 (IPS) -- Spain's official development aid (ODA)
fell to just 0.24 per cent of gross national product last year,
down from the 1994 figure of 0.28 per cent and well below a
promised 1995 target of 0.35-0.5 per cent, say NGOs here.
They are meeting tomorrow to demand that the government get
Spain back on track towards meeting the U.N. sponsored target of
0.7 per cent of gross national product (GNP) to go towards ODA. The
government had pledged to leave funds to cover a target of up to
0.5 per cent in 1995 if the right ...

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