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Article: Switzerland: Growth in Switzerland s Official Development Assistance in 2008.
- Article from:
- TendersInfo
- Article date:
- March 27, 2009
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Byline: Mamta03
In 2008, Switzerland earmarked CHF 2.21 billion for official development assistance (ODA), showing a 9% increase over 2007. This increase of CHF 189 million is explained in particular by the large increase in expenses for asylum seekers originating from developing countries.
The economic slow-down, resulting in a 2.4% drop in GNP in 2008, has also had an influence on the ODA to GNP ratio. Expressed as a percentage of gross national product, ODA increased from 0.37% in 2007 to ...