Portugal’s 10-million euro cutback in foreign aid is due to measures to reduce public spending

20 October 2006

Lisbon, Portugal, 20 Oct – Portuguese foreign aid will be reduced by 10 million euros in 2007 as part of the government’s efforts to reduce public spending, Portugal’s secretary of state for cooperation said Thursday in Lisbon.

According to the 2007 budget proposal, foreign aid will total 81 million euros, against 91.1 million euros in 2006.

João Gomes Cravinho, speaking to Portuguese news agency Lusa, said that in terms of public development aid 34 million euros had been earmarked, with over half of this amount for Portuguese-speaking African countries and East Timor.

Asked about whether Portugal would be able to meet the target set by the European Union of channelling 0.51 percent of the gross domestic product for Public Aid to Development, Cravinho said that it would not be possible yet, but said he hoped that “in 2008 the news will be better in terms of cooperation.” (macauhub)

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