Wednesday, January 21, 2009

Aid organisations hit by fall in value of the pound - Third Sector

Aid organisations hit by fall in value of the pound - Third Sector: "Aid organisations hit by fall in value of the pound

By David Ainsworth, Third Sector, 20 January 2009

Higher inflation in the developing world contributing to loss of NGO spending power, say finance directors

International aid organisations are facing a steep drop in their overseas spending power because of the falling international value of the pound."

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