Donor countries will undermine the integrity of aid if they continue reporting debt relief as ODA

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Donor countries will undermine the integrity of aid if they continue reporting debt relief as ODA

This week the OECD’s Development Assistance Committee (DAC), a forum of the main providers of aid, will once again discuss the rules for reporting debt relief as Official Development Assistance. This issue has been on the DAC’s table since 2014, but it is gaining momentum as the goal is to reach an agreement this summer. The response to the Covid-19 crisis is adding pressure to these negotiations, as everybody expects more debt relief to be granted in the near future. This would be a major issue for developing countries, as the crisis has clearly exacerbated the need for fresh financial resources that come with no additional financial liabilities. Read the complete article.


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    This newsletter has been produced with the financial assistance of the European Union and NORAD under the 'Raising public awareness of development issues and promoting development education in the European Union (DEAR)' programme. The contents of this publication are the sole responsibility of Eurodad and can under no circumstances be regarded as reflecting the position of the European Union.