Saudi Arabia Ranks 1st Globally Among Donors in Offering Development Assistance in 2021

Saudi Arabia Ranks 1st Globally Among Donors in Offering Development Assistance in 2021

Advisor at the Royal Court and Supervisor General of King Salman Humanitarian Aid and Relief Center (KSrelief) Dr. Abdullah bin Abdulaziz Al Rabeeah said Saudi Arabia ranked first among donor states in offering official development assistance to low and medium income countries with a total of SAR26.71 billion (around $7.12 billion), according to Organization for Economic Cooperation and Development (OECD) data.

Data published by OECD’s Development Assistance Committee (DAC) showed the official development assistance offered by donor countries in 2021.

Al Rabeeah noted that this assistance constitutes 1.05% of the Kingdom’s gross national income, saying by this proportion Saudi Arabia has topped the donor countries and surpassed the target approved by the United Nations General Assembly in October 1970 that donor countries should allocate a 0.7% of their gross national income as official development assistance while seeking innovative sources of financing development in developing countries.

He noted that KSrelief is exerting relentless efforts to register the Kingdom’s humanitarian and development assistance in the Saudi Aid Platform launched by Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud in 2018, where assistance is documented in cooperation with relevant ministries and departments to highlight Saudi Arabia’s humanitarian and development identity.

The supervisor general