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Saturday, 25 May 2013

Australia to give B'desh A$ 100.5 mn in 2012-13

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Reported by: UNBconnect
Reported on: May 10, 2012 19:17 PM
Reported in: National
News - Australia to give B'desh A$ 100.5 mn in 2012-13
Dhaka, May 10 (UNB) - The Australian government will provide an estimated A$100.5 million or TK 8.3 billion in official development assistance to Bangladesh in 2012-13.

“Australia remains committed to assisting Bangladesh to overcome poverty, as demonstrated by the increase in funding ofA$8.5 million since the 2011-12 budget,” said acting Australian High Commissioner to Bangladesh Tim Bolotnikoff.

In a press statement on Thursday, he said Australia’s aid programme makes an important contribution to a global effort to achieve the Millennium Development Goals, and in particular to eradicate poverty.

This is part of the Australian government’s overall commitment to increase the size of the Australian aid programme to A$5.2 billion from A$4.8 billion in 2011-12. This increase will maintain Australia’s Official Development Assistance at 0.35 per cent of its Gross National Income.

Australia is committed to increasing its ODA to 0.5 percent of GNI by 2016-17.

Managed by the Australian Agency for International Development (AusAID), Australia’s aid programme in Bangladesh is focused on four areas: increasing access to child and maternal health services; helping more children gain a quality primary education; reducing the levels of extreme poverty; and assisting efforts to combat the impacts of climate change.

This assistance is in line with the Australian Government’s policy on aid, ‘An Effective Aid Program for Australia: Making a real difference - Delivering real results’.

Australian assistance to Bangladesh in 2012-13 will support the Bangladesh government’s Sixth Five-Year Plan, Accelerating Growth and Reducing Poverty.

Australian funding will increase access to quality health and education services, especially for women and children, and reduce the number of people living in extreme poverty.

Consistent with commitments made, the Australian government also released a new Comprehensive Aid Policy Framework on May 8, 2012.

The Framework articulates a four-year vision for Australian aid that sets out how much Australia will deliver, where and why by 2015-16.
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