Official development assistance (ODA) is a term coined by the Development Assistance Committee of the Organisation for Economic Co-operation and Development to measure aid. The DAC first used the term in 1969. It is widely used as an indicator of international aid flow. It includes some loans.
Read more about Official Development Assistance: Definition, Uses, Distribution, Criticism
Famous quotes containing the words official, development and/or assistance:
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“But a problem occurs about nothing. For that from which something is made is a cause of the thing made from it; and, necessarily, every cause contributes some assistance to the effect’s existence.”
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