Distribution
World Bank reports that Iraq was the top recipient of development aid in 2005 followed by Nigeria. However, this is due to the significant debt relief deals that were granted to these nations that year - when donor countries write off a portion of a recipient country's debt, it is counted as official development assistance from the donor country.
The OECD reports that in 2009 Africa received the largest amount of ODA, at $28 billion. Of that, $25 billion went to countries south of the Sahara. Asia received the second largest amount at $24 billion. The top ODA receiving countries in order were Afghanistan ($5.1 billion), Iraq ($2.6 billion), Vietnam ($2.1 billion), Sudan ($1.9 billion), Ethiopia ($1.8 billion).
Read more about this topic: Official Development Assistance
Famous quotes containing the word distribution:
“The man who pretends that the distribution of income in this country reflects the distribution of ability or character is an ignoramus. The man who says that it could by any possible political device be made to do so is an unpractical visionary. But the man who says that it ought to do so is something worse than an ignoramous and more disastrous than a visionary: he is, in the profoundest Scriptural sense of the word, a fool.”
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