Though Development Assistance To LDCs Decreased, Foreign Aid Spending Exceeded $135B In 2014

The Guardian: Foreign aid close to record peak after donors spend $135bn in 2014
“Aid spending by the world’s richest states hovered around an all-time high last year, but development assistance to the least-developed countries (LDCs) fell by 16 percent from the year before, the Organisation for Economic Cooperation and Development (OECD) has said. Member states of the OECD’s Development Assistance Committee (DAC) spent more than $135bn (£90bn) on official development assistance (ODA) last year, a 0.5 percent decrease from 2013, when a record amount of development aid was sent, according to the OECD…” (Anderson, 4/8).

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