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Over the last 10 years, around 15 per cent of the Australian aid budget was spent through two multilateral development banks (MDBs): the Asian Development Bank (ADB) and the World Bank. Close to two-thirds of this was given as non-core funding (funding earmarked for a...
In 2014, the Minister for Foreign Affairs launched a new development policy that changed the way Australian aid is to be delivered. Increasing engagement with our private sector, both in Australia and in developing countries, promoting gender equity and refocusing on the Indo-Pacific region is...