DAC Creditor Reporting System

The DAC (Development Assistance Committee) Creditor Reporting System is a global database that collects and tracks data on official aid and loans provided by donor countries to developing nations. It helps monitor how much financial support is given, what types of aid are provided, and how effectively it is used. By standardizing reporting, it ensures transparency, accountability, and better coordination among donors, governments, and development organizations working to improve conditions in lower-income countries. Essentially, it provides a clear picture of international financial aid flows aimed at promoting development and reducing poverty.