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Overseas Development Aid Expenditure

Dáil Éireann Debate, Tuesday - 21 May 2019

Tuesday, 21 May 2019

Ceisteanna (131)

Seán Crowe

Ceist:

131. Deputy Seán Crowe asked the Tánaiste and Minister for Foreign Affairs and Trade if there is still a commitment to reach the target of spending 0.7% of gross national income on overseas development assistance; when he expects to achieve this target; the increase in overseas development aid spending it will require; and the way in which it is expected to reach this target in the coming years. [21963/19]

Amharc ar fhreagra

Freagraí scríofa

Ireland’s new policy for international development, A Better World, was published in February. A Better World reaffirms the Government’s commitment, as outlined in Global Ireland 2025, to expand Ireland's official development assistance and make progress on delivering the United Nations target of allocating 0.7 percent of Gross National Income (GNI) for official development assistance by 2030.

A Better World provides the framework for this expansion. Based on current projections for economic growth, which may change as circumstances evolve, achieving the 0.7% target by 2030 would mean a tripling of the current allocations to ODA, and would require sustained, substantial managed annual increments given that the point of departure is 0.3% of GNI this year. Difficult choices will be required between competing priorities and ongoing careful planning and consultation with other Government Departments and stakeholders will be needed if this level of ambition is to be realised.

Good progress is being made with allocations to official development assistance increased by 32% since 2014. Budget 2019 saw the highest increase in funding available in over a decade, with Irish official development assistance in 2019 to reach almost €817 million, an increase of approximately €110 million and a 16% increase on the allocation announced in budget 2018.

The table 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 decided annually as part of the normal budgetary process.

Year

ODA level € Million

Expected ODA/GNI % Target

2019

817

0.30%

2023

1400

0.50%

2025

1800

0.57%

2027

2100

0.62%

2030

2500

0.70%

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