ADVERTISEMENT

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”.

ADVERTISEMENT

Digitization, sustainability among characteristics of future... Analysis

Digitization, sustainability among characteristics of future...

Lawmakers approve residency permit for digital nomads Parliament

Lawmakers approve residency permit for digital nomads

Magyar Bankholding chairman to serve as CEO as well Appointments

Magyar Bankholding chairman to serve as CEO as well

ITM, capital gov't agree on support for public transport City

ITM, capital gov't agree on support for public transport

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.