Major donors’ aid to developing countries fell by nearly 3 percent in 2011, breaking a long trend of annual increases. Disregarding years of exceptional debt relief, this was the first drop since 1997.
Aid to developing countries falls over global recession
Major donors' aid to developing countries fell by nearly 3 percent in 2011 due to global economic recession, breaking a long trend of annual increases, the Organization for Economic Cooperation and Development (OECD) said Wednesday.
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