Wednesday, December 10, 2014

Billions Lost in International Development Aid?

There is no transparent view on the billions the Netherlands spends on international development aid.. The National Accountancy Office (Algemene Rekenkamer) says that one can speak about a “Development Aid Labyrinth,’ because there are so many countries which get so much aid for a multitude of projects. In particular concerning the money which is spent via international organizations it is unclear how much money is spent in each receiving country. Often it is not clear whether the aimed for progress is achieved. In 2013 the Netherlands spent 4.2 billion Euro on development aid.

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