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On Monday 10 October, arguably the biggest change to Overseas Development Assistance (ODA or 'aid') for over 40 years will be agreed at a meeting of donors in Paris. The OECD’s Development Assistance Committee (DAC) will be asked to approve reforms ...

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International public finance flows: 8 principles for transparent reporting

Jesse Griffiths

08 Sep 2016 14:19:02

How much public money does your country send to other countries, and for what purposes? The short answer is: we don’t know. The only reliable figures are those for the aid provided to help developing countries, collected by the Organization for Economic Cooperation and Development and called official development assistance. Unfortunately, even these figures are confusing, as they include large amounts of money that never leave the donor country, such as administrative costs and and the costs of accommodating refugees. A better place to look than the headline-grabbing ODA figures is a less well-known measure, called country programmable aid which the OECD says is “a better estimate of the volume of [ODA] resources transferred to developing countries.” But what about other official flows ...
5 February 2015 Background Before the adoption of the post-2015 agenda and the sustainable development goals, developing countries requested a third Conference on Financing for Development, which will take place in Addis Ababa in July 2015. The Financing ...