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Inside Israel's plans for a new development strategy (Devex)

January 16, 2020

From the article:

"Over the past year, Israeli officials have pulled together a strategy to overhaul the country's approach to development — and they are hoping it will go ahead regardless of the outcome of Israel's repeat election Tuesday.

The new strategy, which has not been publicly released, would leverage increased development activities to expand the Israeli private sector's access to the global south, according to officials familiar with the plan, including the potential creation of a development finance institution...

'Overall, Israel is a large enough economy that, if its aid was in line with some countries with comparable income levels, its aid budget could rise to $1 billion,' Ian Mitchell, a senior policy fellow at the Center for Global Development, told Devex. 'It would become a top-20 donor in absolute terms, make a major contribution to development, and also encourage other countries to step up their efforts...'"

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Ian Mitchell
Co-Director of Development Cooperation in Europe and Senior Policy Fellow