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April 2012

Aid policy: Does private money buy independence?

14 April 2012

DAKAR, 12 April 2012 (IRIN) - Private donors are growing steadily more important to global aid, contributing one-quarter of the estimated US$73.9 billion spent on emergency assistance from 2006 to 2010. Among the favourable factors in private funding are independence from the political motivations of donors, being able to react fast, and the opportunity to focus on forgotten crises. But the lack of tracking creates an information black hole in coordinating aid and evaluating it, says aid funding watchdog Development Initiatives in a new report.

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