James McGrath (Queensland, Liberal National Party, Assistant Minister to the Prime Minister) Share this | Hansard source

Australia will provide $3.912 billion in overseas development assistance in 2017-18, an increase of $84 million. This makes Australia approximately the 13th largest donor in the OECD. Overseas development assistance will increase to $4.1 billion in 2018-19 and will be maintained at that level until 2020-21, at which time it will increase again. Overseas development assistance is not being reduced. Australia is responding strongly to humanitarian needs by providing funding of $399.7 million in 2017-18, an increase of $60 million. The government will not commit to a prescriptive, time-bound aid target as a percentage of gross national income until the domestic economy is back on a sustainable footing.