DT 6 / 2023

Sweden: Aid budget to fund losses for Swedish exporters to Ukraine

Sweden continues to expand the private sector’s role in aid. The aid budget for next year proposes increasing both guarantees and Swedfund’s capital base. Aid funds are to be reserved to cover losses incurred by Swedish companies’ exports to Ukraine. Updated.

News September 21, 2023

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Danish PM announces EUR 2 billion expansion of IFU, Denmark’s aid-funded investor

After decades of tight financing, the Danish development finance institution IFU can look forward to...

News September 19, 2023

US and Norway put up USD 70m for first loss mechanism targeting African agri-SMEs

Head of USAID Samantha Power and Norway’s Development Minister Anne Beathe Tvinnereim have launched a...

Business September 19, 2023

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First Nordic meeting with new World Bank President focused on reform and Ukraine

The new World Bank President Ajay Banga met with Nordic development ministers Thursday to discuss reform...

News September 15, 2023

New donors to Brazil’s Amazon Fund face financing bottlenecks

Five new donors - the US, the EU, Switzerland, the UK, and Denmark - that have pledged support to Brazil...

News September 13, 2023

Injection of billions revives Danish aid after years of tight budgets

Development Minister Dan Jørgensen strikes back after reporting the lowest Danish aid level in four decades....

News September 04, 2023

New Finnish government’s budget proposal: aid starts shrinking again

The Finnish government has launched its first budget proposal, initiating a four-year plan to roll back...

News September 05, 2023

German NGO urges European donors to follow Canada and freeze activity in Beijing-based infrastructure bank

European donors of the Asian Infrastructure Investment Bank should engage more actively to improve bank...

News August 28, 2023

Danish development minister summoned to Parliament over record-low aid level

The Foreign Affairs Committee of the Danish Parliament has called in Development Minister Dan Jørgensen...

News August 29, 2023

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Denmark drops out of 0.7% donor club, reveals flaws in Danish aid funding model

Denmark has failed to meet the UN aid benchmark of 0.7 per cent of GNI for the first time in four decades,...

News August 24, 2023

DT 6 / 2023

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