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Official Development Assistance - Definition and Overview |
| Related Words: Access, Accretion, Accrual, Action, Addition, Advance, Aging, Amplification, Anacrusis, Angle, Appreciation, Apprenticeship, Architecture, Argument, Atmosphere, Augmentation, Background |
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Official Development Assistance (ODA) is a category of development aid.
The OECD's Development Assistance Committee (DAC) defines ODA as:
flows to developing countries and multilateral institutions provided by official agencies, including state and local governments, or by their executive agencies, each transaction of which meets the following test
- it is administered with the promotion of the economic development and welfare of developing countries as its main objective
- it is concessional in character and contains a grant element of at least 25% (calculated at a rate of discount of 10%).
External links
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Example Usage of Development |
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urbanbydesign: Cleveland's Euclid corridor project has paved the way to economic Development http://shar.es/aE1GC |
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MawdesleyCC: trying to complete all the pre-season paperwork but keep thinking of all that needs to be done in the next Development plan |
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feejin: @craigbutcher It's so easy to work with, TypeKit was so slow for local Development. Only issue is font licensing. |
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