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Economy News

The Economic Times

Economy / The Economic Times

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France wants to change how billions in aid are distributed

France, during its G7 presidency, will advocate for a significant overhaul of the Development Assistance Committee metrics that govern global development aid. Minister Eleonore Caroit highlighted the inadequacy of current income-based criteria, particularly for vulnerable small island nations facing climate change impacts. The proposed reforms aim to ensure aid is more effectively targeted and sustainable.

29 Apr 2026 3:58 pm