In 2000 it provided official development assistance of only 0.1% of its gross national income--the lowest proportion among all donors.
On the World Bank's figures, Hong Kong in 2005 was the world's tenth-richest country by gross national income per person at purchasing-power parity.
Senator Paul Routier said he would like to aim for an amount closer to the UN target of 0.7% of gross national income (GNI).
The government wants to introduce legislation guaranteeing 0.7% of UK gross national income is spent on development aid, in line with the UN target.
At the national level the balance of primary incomes makes gross income, i.e. before deduction of consumption of fixed capital, equal to Gross National Income (GNI).
He slashed the defence budget and deferred by a year Australia's plan to raise foreign aid, from 0.35% of gross national income to 0.5% by 2015.
The Point 1 campaign group wants to see the island increase its overseas aid commitment from 0.07% of its gross national income (GNI) to 0.1% by 2013.
The Commission's proposal for the long-term budget, called the Multiannual Financial Framework, sets the ceiling at just over one trillion euros, or 1.03% of EU gross national income.
According to this so-called "Monterrey Consensus, " the United States and other developed nations are obliged to provide 0.7 percent of their gross national income in foreign aid (also known as Official Development Assistance or ODA).
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Instead, transfers are likely to keep growing, as the government scrabbles to meet an international pledge to lift official aid spending from about 0.5% of gross national income today to 0.7% by 2013 (see chart).
However the European Commission - which jointly runs the project along with the European Space Agency - wants to create a separate "GMES Fund", which would receive financial contributions from all member states based on their Gross National Income.
Germany is now leading the search for further compromise, suggesting that spending should be capped at 1% of the EU's Gross National Income - more than the UK wants, but a lot less than Poland and others are hoping for.
It calls for members of the Development Assistance Committee which is made up of 23 members states and the European Commission to provide development assistance at a rate of 0.15% of Gross National Income by 2013, and 0.2% of GNI by 2015.
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They contend that, pursuant to agreed Millennium Development Goals contained in the Report of the International Conference on Financing for Development (dubbed the "the Monterrey Consensus"), the United States and other developed nations are obliged to provide 0.7 percent of their gross national income in foreign aid (also known as Official Development Assistance or ODA).
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The sum of disposable incomes of all resident institutional units is equal to Gross National Disposable Income.
Stronger rises in factory output and the construction sector, together with continued falls in unemployment, could mean national income as measured by gross domestic product (GDP) is not shrinking as quickly as first estimated.
The second is that Gross has used the wages and salaries share of national income, not the more correct total compensation, or total labour share, of that national income.
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The impact on gross national product or GNP - a measure that includes flows of investment income in and out of the country - would be far less.
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