ODA Budget for 2022 Raised 15%, over 1,500 Projects Slated

ODA Budget for 2022 Raised 15%, over 1,500 Projects Slated

Photo : YONHAP News

The government has decided to expand next year’s budget for foreign aid to over two trillion won.

According to the Ministry of Foreign Affairs, the government allocated two-point-13 trillion won for the 2022 budget for official development assistance(ODA), up 15-point-three percent from this year. 

With the budget, a total of 44 organizations will carry out one-thousand-550 ODA projects next year.    

By region, Asia accounts for 25-point-seven percent of the budget, followed by Africa with 14-point-two percent and Central and South America with five-point-eight percent. 

The budget decision was made in a virtual meeting of 14 related ministries, the Korea International Cooperation Agency and private experts.



ODA Budget for 2022 Raised 15%, over 1,500 Projects Slated
Source: Matira Matibay

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