1945

Official development assistance

Positive developments in 2013 have helped to alleviate concerns about recent reductions in official development assistance (ODA). The highest volume ever recorded, $135 billion,1 was reached in 2013. Much of this recovery was due to a 7 per cent increase in multilateral aid and a 25 per cent increase in aid for humanitarian emergencies. Despite an increase of aid to least developed countries (LDCs), preliminary data show an important decrease in bilateral aid to sub-Saharan Africa. In addition, indicators to monitor development cooperation effectiveness have not shown significant improvement overall. Moreover, forward spending plans of major donors do not indicate a significant growth in ODA flows. Thus, developments in the past year only partly ease the challenges facing the global partnership for development.

Related Subject(s): Economic and Social Development
Sustainable Development Goals:
/content/books/9789210568203c009
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