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Last night the Federal Government released their 2011-12 Budget.
11 May 2011
In the Federal Budget released last night, the Australian Government confirmed that they are ‘committed to ensuring that every dollar spent on aid has the maximum possible impact on poverty and economic development’. They confirmed they ‘want to save as many lives, educate as many children and lift as many people out of poverty’. This is good news!
Whilst this year’s Federal Budget does not include large increases of money for aid, we applaud the Government for remaining committed to meeting the budget target of 0.35 per cent of Gross National Income (GNI) for aid in 2011-12, and therefore keeping on track to meet their 0.5 per cent of GNI commitment by 2015.
Whilst Anglican Aid thanks the Government for not slashing aid funding, especially as this is a ‘tough budget’ for Australians, the 0.5 per cent of GNI target is still well short of the internationally agreed aid target of 0.7 per cent of GNI.
We encourage any increases to the foreign aid budget in the years ahead, and thank the Government for their continued support.
If you would like to know more about the Federal Budget:
Read the 2011-12 Aid Budget Announcement.
Read AusAID's Summary of the Budget Highlights.
Read a summary from ACFID (Australian Council for International Development)
Movement to End Poverty
Since 1990, aid has helped to reduce extreme poverty, including almost halving the number of children around the world who die before their fifth birthday – 14,000 fewer children dying every single day.
Let's help make poverty history by giving our fair share of aid – just 70 cents in every $100 of Australia’s national income by 2020.
As a step towards contributing our fair share, by 2016 we’re asking our political leaders to fulfill their bipartisan promise to give 50 cents in every $100 to tackle global poverty
