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Will reporting rule changes agreed by OECD committee undermine the credibility of aid?

February 25, 2016 15:56 , by RIPESS - Réseau intercontinental de promotion de l'économie sociale et solidaireRIPESS – Réseau intercontinental de promotion de l'économie sociale et solidaire - 0no comments yet | No one following this article yet.
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Ministers and senior officials of developed countries agreed major changes today to what can be counted as Official Development Assistance (ODA, or ‘aid’), opening the door for greater use of aid to subsidise private companies. A push by some states for greater aid spending on military and security costs was partly rebuffed, after strong campaigning from civil society organisations, while discussions on how to reduce the huge amount of foreign aid being diverted to cover spending in donor countries to support refugees will culminate later this year. 

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Source: http://www.ripess.org/will-reporting-rule-changes-agreed-by-oecd-committee-undermine-the-credibility-of-aid/

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