Official Aid

Official Aid (in the Human Development Area)

In this context, Official Aid means:

grants or loans that meet the same standards as for official development assistance (ODA) except that recipient countries do not qualify as recipients of ODA. These countries are identified in part II of the Development Assistance Committee (DAC) list of recipient countries, which includes more advanced countries of Central and Eastern Europe, the countries of the former Soviet Union and certain advanced developing countries and territories. See Official development assistance (ODA), net.

Official aid

Official development assistance (ODA), or official aid, consists of grants or loans by the official sector to countries or territories on the official recipient list of the OECD's Development Assistance Committee, or to multilateral agencies. Its main objective is to promote economic development and welfare in the recipient countries

In addition to ODA, total development financing also includes net disbursements, other official flows and private flows

Other official flows are transactions that do not meet eligibility requirements for ODA, either because they are not primarily aimed at development, or because the grant component is below 25 %.

Resources

Further Information

Development Assistance Committee (DAC)

Statistical Data

Sustainable development – global partnership