uae goes higher on donors’ list
Last Updated : GMT 06:49:16
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Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

UAE goes higher on donors’ list

Arab Today, arab today

Arab Today, arab today UAE goes higher on donors’ list

Abu Dhabi - WAM

An official report issued by the Organisation for Economic Co-operation and Development’s (OECD) Development Assistance Commission (DAC) has shown an improvement in the UAE’s international donor standing.The UAE is placed at the 16th position in 2012 in the proportion of the foreign assistance it provides in relation to its Gross National Income (GNI), advancing from the 20th global position in 2011, and the 26th in 2010.Commenting on the report’s release, Sheikha Lubna bint Khalid Al Qasimi, Minister of International Cooperation and Development said that the advanced rankings attained by the UAE over the past few years and the year on year improvements in the UAE’s ranking among the world’s foremost foreign aid donors is credited to the clear vision of the country’s leadership.The approach displayed by President His Highness Sheikh Khalifa Bin Zayed Al Nahyan, and Vice President and Prime Minister and Ruler of Dubai His Highness Sheikh Mohammed Bin Rashid Al Maktoum, and others has helped develop the country’s foreign assistance programmes and enhance their effectiveness.

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