Foreign funding dries up for Latin American NGOs - CSMonitor.com

Foreign funding dries up for Latin American NGOs - CSMonitor.com: Aid from foreign governments fund about 50 percent of Latin America's civil society, according to estimates from the Inter-American Development Bank. The rest is made up by money from international NGOs and private donors. But international government contributions are drying up. Between 2005 and 2008, contributions to NGOs in Latin America grew an average of 37 percent. From 2008 to 2011, the donations grew just 3 percent, according to figures from the Organization for Economic Cooperation and Development (OECD). This was well below the average regional inflation of 6.1 percent for 2012.