Friday, November 26, 2010

Quote of the day: World's largest beneficiaries of foreign aid

Arnold/Frimet Roth
This Ongoing War
24 November '10



Kieron Monks [ guardian.co.uk ]
Friday 19 November 2010

"The Palestinians are one of the world's largest beneficiaries of foreign aid, receiving over $3 billion annually (not including the budget of UNRWA itself).

In 2009, over 60% of Palestine's gross national income, and almost 100% of government expenditure, came from aid.

PA budgets allocate ten times more money to security than to agriculture.
The Palestinians' NGO sector has become a byword for corruption, incompetence and meaningless job creation.

Thousands of NGOs have sprung up, bloating the aid industry without delivering long-term benefits.

(Read full post)

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