Sunday, October 26, 2014   

Australia tightens conditions for overseas aid
(06-18 19:36)

Australia announced it would place greater restrictions on foreign aid to recipient countries, with a larger role for the private sector and increased scrutiny of women's rights.
Foreign Minister Julie Bishop said an annual budget of A$5 billion (US$4.8 billion) to countries such as Indonesia and Papua New Guinea would focus on ''aid for trade,'' decreasing the budget for a more traditional one-way corridor of donations.
''We want to be economic partners, we want to move away from the old stereotype of aid donor/aid recipient, and work in partnership with countries, particularly in the Pacific,'' Bishop told the Australian Broadcasting Corp.
More than 90 percent of funding will be focused on Australia's regional neighbors, Bishop said.
Aid will focus on six areas -- infrastructure and trade; agriculture, fisheries and water management; governance; education and health; humanitarian assistance; and the empowerment of women and girls.--AFP
   
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