Luxembourg

Abstract

"While many countries are reducing their aid budgets, the Grand Duchy of Luxembourg has made considerable efforts in the ®eld of development co-operation and, in terms of its GNP, is on the way to becoming one of the prime donors in the world. With an aim of devoting 0.7% of GNP to development aid by the year 2000, Luxembourg will, in 15 years, have moved from being a country with a minor aid programme to being proportionately one of the world's major donors."