Slovakia to increase development aid

Slovakia wants to increase the amount of development aid it provides in the years ahead, Foreign Affairs Ministry State Secretary Oľga Algayerová told journalists on October 2 in Bratislava. The increases should reach 0.17 percent of Slovakia's GDP by 2010, and 0.33 percent by 2015.

The country currently allocates only around 0.1 percent of its GDP for development-aid projects, which represents some Sk1.68 billion (nearly €50 million) a year. Development aid is a strong pillar of a country's foreign policy, according to Algayerová.

"We focus on the West Balkans, Ukraine, Belarus and Afghanistan," she specified. TASR

Compiled by Zuzana Vilikovská from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

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