Budget proposal: Norwegian aid level nosedives in wake of spiking war-time economy
New estimates of Gross National Income (GNI) show that the Norwegian economy has received a huge boost due to spiking oil prices and war, this time in Iran. Development Today has calculated that the current aid budget is on a path to 0.92 per cent of GNI, far below the level presented in the revised budget Tuesday, which uses old economic forecasts.
