Tag Archives: OECD
OECD redefines foreign aid to include some military spending
Another way to conveniently increase the military spending while pretending otherwise.
The definition of foreign aid has been changed to include some military spending, in a move that charities fear will lead to less cash being spent on directly alleviating poverty.
The change in wording was agreed by the Organisation for Economic Co-operation and Development (OECD) after the UK and other countries lobbied to be allowed to use overseas aid budgets to support the military and security forces in fragile countries, as long as this still promotes development goals. Continue reading