Shoots up from 22nd rank in 2011 to 6th place in 2012
The United Arab Emirates is among the world’s largest donors
of aid to developing countries around the world, according to a report
‘Investments to End Poverty’, launched in New York around the UN General
Assembly.
The UAE was placed ahead of some traditional European donors such as
Luxembourg, Greece and Portugal as well as New Zealand, according to the
statistics available for 2011.
According to the report, the UAE gave $ 816 million (almost Dh3 billion) in 2011.
However, latest figures released this week showed UAE’s volume of
humanitarian aid shoot up to Dh5.8 billion or $1.58 billion, according
to UAE Foreign Aid Report for 2012, issued by the Ministry of
Development and International Cooperation.
The UAE’s net ODA [overseas development assistance] increased by 69
per cent between 2010 and 2011,”said the Investments to End Poverty
report.
In contrast, it shot up by almost 94 per cent between 2011 and 2012.
It must be mentioned that this increase of almost 70 per cent must be
taken with the background of the global financial crisis that affected
donors such as the UAE just a couple of years previously.
The UAE was ranked at 22 among the world’s donor nations in 2011. In 2012, it was ranked 6th.
Only one other Gulf country featured in the top-25 in 2011, with Saudi Arabia coming in at 9 with an ODA of $5.5bn.
Saudi Arabia allocates ODA almost entirely to countries in the Middle
East, where the numbers and shares of people living on less than $1.25 a
day are relatively low
Though the UAE’s development assistance is spread across the world,
the report said the UAE’s foreign assistance goes mostly to countries
with a low share of the population living on less than $1.25 per day.
Some 137 countries around the world benefitted from UAE aid last year, ranking the country 6th among the biggest donors in 2012.
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