Hungary may join OECD’s Development Assistance Committee

Conferences

Following two days of negotiations recently, Hungary could be granted membership of the OECDʼs Development Assistance Committee, said István Mikola, state secretary of the foreign ministry, yesterday after talks with the committeeʼs delegation in Budapest, according to reports.

The state secretary noted that of the Visegrad Four countries – Hungary, Czech Republic, Poland and Slovakia – only Hungary is not yet a member of the committee. 

It is important that Hungary should also become a member of the committee, delegation head Karen Jorgensen was reported as saying, as the country is a strong supporter of development policy issues.

According to the OECD website, the committee exists to “promote development cooperation and other policies so as to contribute to sustainable development, including pro-poor economic growth, poverty reduction, improvement of living standards in developing countries, and a future in which no country will depend on aid”.

Avg Hourly Pay Rate for Blue-collar Workers Climbs 16% in Q1 Figures

Avg Hourly Pay Rate for Blue-collar Workers Climbs 16% in Q1

Bulgaria's Household Income, Spending Rise 20% in 2023 World

Bulgaria's Household Income, Spending Rise 20% in 2023

Baranya County Police Bust Phishing Gang Fintech

Baranya County Police Bust Phishing Gang

Spago Budapest Offering Unique Sunday Brunch Experience Food

Spago Budapest Offering Unique Sunday Brunch Experience

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.