Dáil Éireann Debate, Tuesday - 2 July 2019
162. Deputy Niall Collins asked the Tánaiste and Minister for Foreign Affairs and Trade the expenditure on overseas development aid; the estimated cost of reaching the 0.7% of gross national product for overseas development aid target from its current base of approximately 0.3%, in tabular form; and if he will make a statement on the matter. [27596/19]
View answerBudget 2019 saw the highest increase in funding available to Official Development Assistance (ODA) in over a decade, with the Government allocating just over €817 million for ODA. This represents an increase of approximately €110 million, or 16%, on the allocation announced in budget 2018.
Sustained, managed increments in ODA will be required to deliver 0.7% of Gross National Income to ODA by 2030 in line with the Government's commitment. A steady and phased approach to growth will be required, taking into consideration the range of demands across Government and the capacity of the public finances to meet them. This will also need ongoing careful planning and consultation with other Government Departments and stakeholders.
The table below sets out indicative allocations to ODA, based on current economic growth forecasts, which show a possible phased path to reaching the 0.7% target by 2030. Allocations will be made annually as part of the normal budgetary process.
|
Year |
ODA level € Million |
Expected ODA/GNI % Target |
|
2019 |
817 |
0.30% |
|
2023 |
1,400 |
0.50% |
|
2025 |
1,800 |
0.57% |
|
2027 |
2,100 |
0.62% |
|
2030 |
2500 |
0.70% |
