Norwegian economic aid to developing countries has increased dramatically since the beginning in 1962.
A total of NOK 516 billion in financial aid has been granted from 1962 and up to now, according to the paper Bistandsaktuelt. This is equal to half of an annual Norwegian state budget.
Professor Øyvind Østerud at the University of Oslo says that this funding has also been beneficial to Norway, inasmuch as it has as it has strenghtened Norway's political role abroad, and acted as a dooropener for Norwegian industry.
(NRK)
Uganda has transferred NOK 23 million to Norway in repayment for aid funds that had been misappropriated. (Photo: Minister of International Development Heikki Holmås)
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Aid funds from Norway that were intended to go towards reconstruction efforts in northern Uganda have been misused. (Photo: Minister of International Development Heikki Holmås)
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In the Government's proposal for next year's budget, the funds for international development aid will be increased by NOK 2.3 billion.
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According to public broadcaster NRK, the Socialist Left Party will on Friday be presenting three new ministers to the three-party coalition government of Prime Minister Jens Stoltenberg (photo).
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Norwegian foreign aid funds worth nearly NOK 30 million never reached their intended projects due to corruption, according to a report from the Ministry of Foreign Affairs. (Photo: Minister of Development Erik Solheim)
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Norway has been reimbursed NOK 24 million over the past three years, following exposure of corruption and fraud abroad with Norwegian funds allocated for foreign aid projetcs.
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The Norwegian Agency for Development Cooperation (Norad) believes that Norwegian foreign aid would be more effective if it supported fewer development projects...
UN under secretary-general for humanitarian affairs and emergency relief coordinator, Norway's Jan Egeland, is on Time Magazine's 'list of the 100 men and women whose power, talent or moral example is transforming our world'...
Finance Minister Per-Kristian Foss (photo) on Thursday presented the government's proposed budget for 2003, - a tight budget with a real growth of only 0.5 per cent. Tax cuts amount to only NOK 600 million, and there are no cuts in the surtax on alcohol or electricity. The budget for development aid will be increased to 0.93 per cent of the Gross National Product (GNP).Total budget expenditure for next year is NOK 580 billion...
