Donor News

The World Bank has suspended its operations in Cote d’Ivoire, where post-election violence has been rampant. Another conflict-ravaged state, Sudan, will be the focus of the European Union’s humanitarian operations this year. The country is gearing up for a Jan. 9 referendum on the possible secession of the south.

New Zealand plans to raise its development aid to USD416 million by the 2012-2013 period. South Korealikewise looks to increase its humanitarian aid as part of the country’s new five-year official development assistance plan.

Korea’s neighbor, Japan, plans to trim its foreign aid to 572.7 billion Japanese yen (USD7.04 billion) in fiscal 2011, 7.4 percent lower than the 2010 volume. The Swedish International Development Cooperation Agency is reducing its workforce by 120.

The British government has announced that 41 organizations will get financial support through its Program Partnership Arrangements initiative. It has also pledged another 40 million pounds (USD61.7 million) to the United Nations Central Emergency Response Fund.

By the end of 2010, the Inter-American Development Bank had approved 170 projects worth USD12.9 billion and had disbursed USD10.9 billion of the amount. The French Development Agency, or AFD, concluded 2010 with the approval of some euro1.7 billion (USD2.2 billion) in aid projects.

About the author

  • Ma. Rizza Leonzon

    As a former staff writer, Rizza focused mainly on business coverage, including key donors such as the Asian Development Bank and AusAID.