Spain has emerged as the world's 8th largest donor nation, according to the Development Assistance Committee (DAC) of the Organisation for Economic Cooperation and Development (OECD). Its official development assistance in 2006 exceeded US$3.8 billion. Spain, says DAC, has set itself ambitious goals for its development co operation through to 2012. The Master Plan 2005-2008 sets out major improvements on past policy and practice, and Spain now faces the challenge of putting the overall vision into practice. Political support and the framework for policy coherence are strong, yet further progress depends on their more strategic and systematic use.
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