Friday, 20 November 2009

Development aid: Need to ensure billions of euros in aid doesn't get wasted

European Commissioner for Development and Humanitarian Aid, Karel De Gucht, called upon EU Member States to work better together to ensure that more than 3 billion euros of aid can avoid being wasted every year. A European approach to development aid could bring massive 'savings', he warned, through more effective management of aid policy, actions and projects – savings which must then be reinvested in better development.

Source: European Commission