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Wednesday, 01 June 2016

G7 leaders promise to boost global aid

The leaders of the world’s most developed countries have agreed to increase their aid contributions to developing countries, particularly those directly affected by the refugee crisis. “The G7 recognises the ongoing large-scale movements of migrants and refugees as a global challenge which requires a global response,” the G7 leaders stated in their final declaration from the Japan summit, which closed on Friday (27 May). In 2015, around 1.3 million migrants applied for asylum in the European Union (...) To tackle the migration crisis, the global leaders pledged to increase their international aid budgets. “We commit to increase global assistance to meet immediate and long-term needs of refugees and other displaced persons as well as their host communities,” the seven leaders said. Composed of the United States, Japan, Germany, the United Kingdom, France, Italy and Canada, the G7 gave no precise indication of what this promise would mean in practice. But the leaders referred to the international objective of allocating 0.7% of gross national income (GNI) to international solidarity efforts.

Source: euractiv.com