EU Budget: Development Aid Low-ranked in Favour of EU’s Own Political Interests

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On 2 May, the European Commission released its communication on the Multi-annual Financial framework (2021-2027). Despite the ever-changing environment for development aid, the communication sets out that €123 billion, representing approximately 10% of the total EU budget, is allocated to external action. CONCORD, the European Confederation of development NGOs, welcomed the budget dedicated to external actions but raised concern on the merge of external instruments allocated to development aid which will put aid objectives in jeopardy. The current proposal, merging 12 instruments, will endanger development cooperation objectives in favour of EU external policy interests. By diluting development aid in a broader external instrument framework, the EU will not only allow, but bolster the use of ODA for EU domestic priorities. Read more here.

Source: CONCORD Europe

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