Issue Date: Jan 15, 1993
THE RIO summit in June 1992 has turned out to be a midsummer night's dream. Only five countries -Denmark, the Netherlands, Norway, Sweden and Finland - have fulfilled in the past the promised inter- national goal that a country's overseas aid should be equal to 0.7 per cent of its GNP. Norway's overseas aid of 1.17 per cent of its GNP in 1991-92 was the highest, but by late 1992, even this aid stalwart had cut back together with Sweden and Finland.
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