DAC Reporting System

The DAC Reporting System refers to the Development Assistance Committee reporting structure, established by the OECD (Organisation for Economic Co-operation and Development). It provides a standardized framework for countries and organizations to report their development assistance contributions, including financial aid and technical support to developing nations. This system ensures transparency and accountability, enabling stakeholders to better understand where aid is being allocated and its impact on development goals. By comparing data across different donors, DAC helps improve aid effectiveness and fosters international cooperation in addressing global challenges such as poverty and inequality.