Plan Australia
11-May-2005
Federal Budget: Overview of Australia's 2005/06 Aid Program
Below is a summary budget overview of Australia's international aid program for 2005/06.
Overview:
- A substantial commitment to the Australia-Indonesia Partnership for Reconstruction and Development ($1 billion over four years)
- A 17% increase for the Solomon Islands to $246 million[1]
- An 8% increase for PNG to $492 million
- A regional Pacific program of $94 million, an increase of 29%, including an $11 million
- Fragile States initiative for Melanesia
- An increased contribution ($34 million over three years) to the World Bank.s Heavily Indebted Poor Countries Initiative
- An increase of $24 million in humanitarian and emergency programs
The Australian Council for International Development provides a comprehensive budget overview on the ACFID website
--------------------------------------------------------------------------------Note: All percentage increases are in real terms (ie they account for inflation)
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