Posted on 06 June 2024
The Council for International Development Aotearoa New Zealand (CID) has released its analysis of the 2024 New Zealand Budget, emphasizing the urgent need for increased Official Development Assistance (ODA) to tackle global challenges and fulfil New Zealand's international development and humanitarian aid obligations.
While New Zealand’s ODA reached a record high of $1.4 billion in 2023, or 0.34% of Gross National Income (GNI), this figure remains significantly below the United Nations target of 0.7%. An increase in ODA is essential for global stability, supporting initiatives in human rights, climate change, democracy, and sustainable development.