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Aid levels

European governments have pledged to increase their overseas development assistance (ODA) by $38.3 million dollars by 2010. This would mean that Europeans would account for just over 60% of total ODA. However it is far from clear whether this will actually be delivered. Too often European donors have made pledges but fail to act. And as Eurodad has revealed in recent reports, a third of all aid in 2005 and 2006 was simply a donor accounting trick as money moved from one donor ministry to another. 

Eurodad continues to expose and seek to ban the reporting of ‘inflated’ aid, such as debt cancellations (particularly Export Credit Debts) and spending on refugees and foreign students in donor countries.  It is estimated that up to 40% of all ODA is tied to donor goods and services and that US$13 billion are being spent on donor consultants vastly inflating the real value of aid for developing countries.

Eurodad acts as the European focal point for the global Reality of Aid network, and participates actively in the CONCORD Aidwatch initiative at the European level.