French overseas aid increased in 2016
Development – Publication of French official development assistance figures for 2016 – Joint communiqué issued by the Ministry of Foreign Affairs and International Development and the Ministry of the Economy and Finance
Paris, 11 April 2017
The Organization for Economic Cooperation and Development (OECD) has just published preliminary data on official development assistance (ODA) for 2016.
French ODA has risen and stands at €8.6 billion or 0.38% of gross national income (GNI), compared to €8.15 billion or 0.37% of GNI in 2015. This increase relates primarily to bilateral aid (up 6% in current euros), due to loans by the French Development Agency (AFD) and the Trésor (1).
France remains one of the world’s leading donors, ranking fifth in volume of assistance after the United States, Germany, the United Kingdom and Japan.
France’s efforts to support the poorest countries are stable, with a fifth of its bilateral aid devoted to Least Developed Countries (LDCs).
France is still resolutely implementing the 2030 Agenda for Sustainable Development in its development and international solidarity policy. The decisions by the Interministerial International Cooperation and Development Committee (CICID) on 30 November 2016 strengthened the priority given to Africa, LDCs and the fight against climate change.
In 2017, financial resources for development assistance should again increase markedly. The sharp rise voted for in the initial finance act (nearly €400 million in extra budget appropriations and taxes allocated) should increase aid to more than 0.4% of GNI. This upward trend will be brought about partly through the vulnerability mitigation and crisis response facility created by the AFD.
France is thus continuing to honour the commitments it made in 2015 to improve its public finances to support sustainable development, by increasing the AFD group’s annual finances by €4 billion by 2020, half of it to support the fight against climate change, and the annual sum of bilateral donations by nearly €400 million.
This financial trajectory in the run-up to 2020 will put France on the road to the target of 0.7% of GNI in the framework of the 2030 Agenda for Sustainable Development./.
(1) Public revenue department.