Luxembourg's development cooperation - Annual report 2014

Established by the amended law of 6 January 1996 on development cooperation and humanitarian action, the Development Cooperation Fund (DCF) is an instrument which enables the Ministry of Foreign and European Affairs to carry out successfully development programmes and projects extending over several years.

The state budget provided the DCF with 180 448 000 euros in 2014; added to this are the assets available on 1 January, i.e. 4,066 million euros, as well as revenue during the year (3,101 million euros) – essentially reimbursements from NGOs of funds not disbursed on projects co-financed by the Ministry.

In 2014, a total of 181,035 million euros was disbursed through the DCF. Half of this amount (50,69%, i.e. 91,77 million euros) was granted to the agency Lux-Development as the state’s principal partner in implementing projects and programmes involving bilateral governmental cooperation. We should also note that almost 20% of the available funds were allocated to non-governmental development organisations as part of the co-financing of their projects and programmes. The interventions by UN organisations in Luxembourg development cooperation’s partner countries account for 11,64% of the funds disbursed.