
By parliamentary decision, total Danish development assistance (bilateral and multilateral) must constitute 1 percent of Denmark’s gross national product. In 1999, this amounted to DKK 11.362 billion (or 1.01% of GNP, and excluding environmental assistance under the Environment, Peace and Stability Fund, EPSF). Danish development assistance, which is allocated as grants, has been conducted under the name DANIDA since 1963.
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