Asia Pacific, Australia news, Australian economy, Australian foreign policy, China, Coronavirus outbreak, The Pacific, Timor-Leste
Australia’s global aid budget falls – but Pacific and Timor-Leste get a Covid fighting fund
Official development assistance declines to $4bn, boosted by $304m over two years to help region recover
Australia will increase its aid budget to only the Pacific and Timor-Leste this year as aid and development spending to all other parts of the world face further declines after years of swingeing cuts.
Although Australia’s aid budget has fractionally increased this year, the government has – unusually – reported it as a decline, instead allocating additional money as an extraordinary one-off supplement.