The Economic Impact and Effectiveness of Development Aid - Economic Affairs Committee Contents


APPENDIX 6: DAC DEFINITIONS


Official Development Assistance (ODA)

Grants and loans to (eligible) developing countries that are:

  • Provided by official agencies in donor countries
  • Concessional (with a 'grant element' of at least 25%)
  • Disbursed with the intention of promoting economic development.

Aid tends to mean "Net ODA (NODA) from DAC members to DAC-eligible recipients"

Coverage:

  • Excludes military and peacekeeping aid, but includes some 'peace and development' activities (e.g. DFID contributions to HMG Conflict Pool).
  • Includes technical assistance and debt relief.
  • Includes transfers to multilateral agencies (e.g. World Bank and IMF).



 
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