15 per cent in the case of bilateral loans to the official sector of LMICs (calculated at a rate of discount of 7 per cent).45 per cent in the case of bilateral loans to the official sector of LDCs and other LICs (calculated at a rate of discount of 9 per cent).In DAC statistics, this implies a grant element of at least ( see note 4) is administered with the promotion of the economic development and welfare of developing countries as its main objective and.provided by official agencies, including state and local governments, or by their executive agencies and.Official development assistance flows are defined as those flows to countries and territories on the DAC List of ODA Recipients and to multilateral development institutions which are: Grants, loans and other flows entering the calculation of the ODA grant equivalent measure are referred to as ODA flows. The ODA grant equivalent is a measure of donor effort. (See below for ODA definition applicable up to 2017 data) Definition of ODA, starting with 2018 data Starting with 2018 data, the new grant equivalent measure of ODA became the standard for reporting, with the headline ODA figures published on that basis. ODA is the key measure used in practically all aid targets and assessments of aid performance. The DAC first defined ODA in 1969, and tightened the definition in 1972.
Special attention has been given to the official and concessional part of this flow, defined as “official development assistance” (ODA).
The DAC has measured resource flows to developing countries since 1961. …/ DCD / _Styles / 02 : DCD documentType (DT) styles 2019
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