Foreign Aid
Ireland's aid program was founded in 1974, and in 2006 its budget amounted to €734 million. The government has set a target of reaching the Millennium Development Goal of 0.7% of Gross National Product in aid by 2012, a target which is projected to amount to €1.5 billion based on current GNP growth. Irish development aid is concentrated on eight priority countries: Lesotho, Mozambique, Tanzania, Ethiopia, Zambia, Uganda, Vietnam and East Timor. in 2006, Malawi was announced as the ninth priority country, with a tenth country to follow. Aid has had to be reduced because of the 2008–2011 Irish financial crisis.
As of 2012, Joe Costello is the Minister of State for Trade and Development at the Department of Foreign Affairs.
Read more about this topic: Foreign Relations Of The Republic Of Ireland
Famous quotes containing the words foreign and/or aid:
“If the dignity as well as the prestige and influence of the United States are not to be wholly sacrificed, we must protect those who, in foreign ports, display the flag or wear the colors of this Government against insult, brutality, and death, inflicted in resentment of the acts of their Government, and not for any fault of their own.”
—Benjamin Harrison (1833–1901)
“Frustrate a Frenchman, he will drink himself to death; an Irishman, he will die of angry hypertension; a Dane, he will shoot himself; an American, he will get drunk, shoot you, then establish a million dollar aid program for your relatives. Then he will die of an ulcer.”
—Stanley Rudin. The New York Times (August 22, 1963)