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Denmark’s Thorning-Schmidt Lambasted Australia's Foreign Aid Budget


四月, 04 2017
watermark Economic news

Former Prime Minister of Denmark and Chief Executive of Save the Children International, Helle Thorning-Schmidt castigated the Australian nation for the reduction of its foreign assistance budget at its lowest point.

Thorning-Schmidt Told Josh Frydenberg, minister of Turnbull government, that the Australia should be a world leader to help the development of every nation. However, Frydenberg mentioned that the continent is at the 12th rank among the biggest per capita spender pertaining to foreign assistance for poor countries.

In addition to it, the country’s expenditure for overseas aid is worth $3.8 billion dated 2016 till 2017 which made up the 0.22 percent of its gross domestic product.

There were reports that left-right political sides pledge to allocate 0.5 percent of the GDP to international relations.

The 50-year old leader of centre-left parties further portrayed Australia as a community characterized by 'generosity of spirit' following the statement of the Australian politician about budgetary constraints.


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外汇本质上有高度的投机性和复杂性,可能并不适合所有投资者。 外汇交易可能会带来重大的收益或损失。 因此,建议您不要承担无法承受的损失。 在使用ForexMart提供的服务之前,请确认外汇交易相关联的风险。 必要时寻求独立的财务意见。请注意,过去的业绩和预测都不是未来结果的可靠指标。