13-April-2023
English
Official development assistance (ODA) is defined by the OECD Development Assistance Committee (DAC) as government aid that promotes and specifically targets the economic development and welfare of developing countries. The DAC adopted ODA as the “gold standard” of foreign aid in 1969 and it remains the main source of financing for development aid.
12-April-2023
English
Foreign aid from official donors in 2022 rose to an all-time high of USD 204 billion, up from USD 186 billion in 2021, as developed countries increased their spending on processing and hosting refugees and on aid to Ukraine, according to preliminary data collected by the OECD.
12-April-2023
English
Because ODA is a scarce resource for financing development, it is important to ensure it reaches the countries and people that need it most.
31-March-2023
English
Before the COVID-19 pandemic, travel and tourism generated approximately 12% of GDP in Southeast Asian economies and provided around 11% of employment in Emerging Asia as a whole. The return of tourists will therefore be key to further bolster economies amidst uncertainties and weak external demand.
30-March-2023
English
21-March-2023
English
16-March-2023
English
The OECD DAC recommendation on Untying Aid reinforces that developing countries need the responsibility for procurement. The private sector needs to compete for aid-funded contracts. To this end, a list of official development assistance contract opportunities is available on line.
14-March-2023
English
7-March-2023
English
Data on DAC members’ aid targeting gender equality and women’s empowerment are compiled with the help of the gender equality marker in the Creditor Reporting System (CRS).
23-February-2023
English