Australia has a yearly development budget of $4.96 billion, which is split between international scholarship programs, funding committed to development programs and specific, committed programs dedicated to assisting the progress developing countries make toward their development goals. However, here are some of the ways this budget is used to support developing countries around the world.

Australia Awards – Scholarships for Thousands

The Australia Awards are a scholarship program in Australia designed to recognize the achievements of individuals from underrepresented backgrounds. Australia has historically offered favorable opportunities for individuals seeking higher education in developing countries neighboring Australia. This is part of the agreement with Tuvalu, the Falepili Union, which includes the establishment of a visa allowing Tuvaluans to live, study and work in the country.

What makes the Australia Awards particularly impactful is the targeted nature of the Awards. Applications from often marginalized groups such as women and those with disabilities are encouraged. The Awards also target specific areas of study and the program, in particular, seeks to elevate those studying in fields such as education, tourism and engineering. Providing forward-thinking and relevant fields of study like this, especially in developing countries, allows thousands of individuals across the Pacific to access resources they may not have had the opportunity to come across otherwise.

Australia and the Indo-Pacific

A significant amount of Australia’s development budget is earmarked for Official Development Assistance (ODA). That said, ODA is only one of many ways the country assists the many countries impacted by its outreach. Australia is committed to helping many countries enact their specific development plans. One way these programs are effective is the way Australia is committed to assisting Tuvalu.

In 2023, the two countries announced the formation of the Falepili Union, which serves to strengthen the two-way partnership between the two countries. In a joint effort, Australia allocated $88 million to Tuvalu’s development budget. Out of this amount, $50 million was utilized for the construction of Tuvalu’s inaugural undersea telecommunications cable. This marks a significant milestone for a nation that has historically relied on the internet as a steady revenue stream.

Another example of work being done to extend aid to developing countries is Australia’s dedication to development in Southeast Asia. Australia allocated $1.3 billion ODA toward the region in 2023. Programs targeting specific initiatives such as the Australia-Indonesia Climate and Infrastructure Partnership (KINETIK) and the Aus4Adaptation initiative in Vietnam. Taking a position at the forefront of the development in countries shows that when economic powers commit to developing countries impactful change can be made.

In Summary

Providing educational grants to underrepresented communities and directly putting funding and resources in the pockets of local, boots-on-the-ground programs working to enact lasting change are just a few ways Australia’s Direct Aid Programs can impact millions around the world. This is just a glimpse into how the $4.96 billion Australian developmental budget can create a tangible impact.

– Malik Vega

Malik  is based in Miami, FL, USA and focuses on Good News for The Borgen Project.

Photo: Flickr