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South Korea's overseas aid reaches US$2.2 bil. in 2017

2018-04-10 3 Dailymotion

South Korea's financial aid to developing countries reached two-point-two billion U.S. dollars in 2017, ranking 15th among the 29 OECD members recorded.<br /> The OECD says South Korea's official development assistance last year was down one-point-eight percent from 2016, but by ranking, it went up one spot.<br />Of the total, South Korea spent around one-point-six billion dollars on direct bilateral aid and the rest on indirect aid through international organizations. <br />Over half of the assistance went to Asian countries, followed by around 24 percent to African countries and ten percent to Latin American countries. <br />

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