Statement 1: Budget Overview (Continued)
Providing assistance in our region and beyond
The Government will provide $5.2 billion in 2012‑13 to assist development in our region and beyond. This includes $384.5 million over four years to the Pacific to increase rates of child immunisation and improve access to education. A further $208.6 million over four years will be provided to improve development outcomes in East Asia, including expanded assistance to Burma and Cambodia for programs addressing maternal and child health and for climate change mitigation programs in Vietnam.
The Government will continue to increase its Official Development Assistance (ODA) but delay meeting our 0.5 per cent ODA to Gross National Income target by one year to 2016‑17. This will contribute to broader government savings. This will ensure our aid will still grow every year and remain on track to double between 2007‑08 and 2014‑15. Australia's projected ODA contribution could see Australia rank as high as sixth in the OECD's ODA donor ranking by 2015‑16, up from tenth in 2011. The Government's decision will ensure that ODA continues to grow.
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