article_snippet.sent: Britain bucked the trend of Western nations by increasing spending on foreign aid last year while others imposed savage cuts.
article_snippet.sent: thanks to a target imposed by David Cameron – means that David Cameron – overseas aid spending of 0.7 per cent of national income is double the average level of the other nations in the group known as the Development Assistance Committee.
article_snippet.sent: Out of every £100 spent by these Western nations on overseas aid, no less than £14 now comes from the UK.
article_snippet.sent: Despite this, the UK increased the UK spend by 1.2 per cent to £11.7billion in 2014.
article_snippet.sent: the UK's aid budget is now nearly double France's and ten times the level in Spain.
article_snippet.sent: Britain was one of 13 countries which increased Britain budget despite the straitened times.
article_snippet.sent: Britain's aid budget may need to rise by at least £500million in future years, because changes in EU accounting rules make it harder to meet the 0.7 per cent target.
article_snippet.sent: The OECD report, 2014 Global Outlook on Aid, shows that Britain is one of only five members of the DAC to meet the target of spending 0.7 per cent of national income on aid along with Sweden, Luxembourg, Norway and Denmark.
article_snippet.sent: In monetary terms, the UK now has the second highest aid budget in the world behind the US which spends £19.6billion.
article_snippet.sent: The 28 DAC members spent a total of £81billion on aid last year
article_snippet.sent: It means the UK's budget of £11.7billion is a seventh of the entire total for the world.
highlights_snippet.sent: Britain overseas spending is double the average level of other nations in group .