Tuesday, March 20, 2018

DT 10-11 / 2010

Denmark freezes aid, spends more at home

Next year the Danish aid budget will be frozen at the 2009 level - DKK 15.2 billion - and will remain there until 2013. The new Development Minister Søren Pind wants to focus on private sector aid to Africa. Simultaneously, he is plans to take DKK 225m out of IFU to fund a high-tech initiative in Copenhagen.

Personal attack on Ban Ki-moon weakened critique

There has been little reaction to the report by Inga-Britt Ahlenius, former head of the UN’s watchdog agency, in which she slams the UN’s failure to crack down on corruption in its own ranks.

Finland plans to grow aid budget in spite of hard times

When Finland faced a financial crisis in the early 1990s, aid was the first budget post to be slashed. This time round, things are different. According to the budget proposal for 2011, more than EUR 100 million in new aid funds will be available next year.

Pakistan flood triggers accelerated payment of new Danish aid

In response to the catastrophic flood in Pakistan, Denmark will accelerate the disbursement of funds for a new programme of development assistance to the South Asian country. (See DT 18/09)

SN Power AfriCA aims for the driver’s seat

SN Power AfriCA wants to be in the driver’s seat when it kicks off hydropower projects with a total capacity of 700 megawatts in Africa and Central America. The firm will start up its first project in Panama next year.