The Hon. Stephen Smith MP, Australian Minister for Foreign Affairs
Australian Commonwealth Coat of Arms

4 February 2009

OECD praises Australia's overseas aid program

An Organisation for Economic Cooperation and Development (OECD) review has praised the targeting and effectiveness of Australia’s overseas aid program.

The OECD review was presented to the Minister for Foreign Affairs, Stephen Smith, today by the Chair of the OECD Development Assistance Committee (DAC), Eckhard Deutscher.

The OECD review welcomes the Government’s renewed commitment to reducing poverty, its promotion of the Millennium Development Goals (MDGs) and its support for international agencies like the United Nations.

In particular, the OECD acknowledges the Government’s:

Australia’s Agency for International Development, AusAID, was also commended for its efforts to promote aid effectiveness including by opening up contracting arrangements to global competition.

The establishment of the independent Office of Development Effectiveness, to report on the effectiveness of Australian aid and identify areas of improvement, was also highlighted as an important step in improving the aid program’s efficiency.

The review also welcomed Australia’s commitment to increase its support for developing countries to 0.5 per cent of Gross National Income by 2015.

Development assistance provided by Australia has meant that:

A complete copy of the OECD review is available at www.oecd.org/dac/peerreviews/australia.

Media inquiries: Mr Smith's office 02 6277 7500 - Departmental Media Liaison 02 6261 1555