ODA

Official Development Assistance (ODA) refers to financial aid provided by governments and official agencies from more developed countries to support the economic development and welfare of less-developed nations. This aid can include grants, loans, technical expertise, and project funding aimed at improving infrastructure, health, education, and other essential services. ODA is intended to promote growth, reduce poverty, and foster stability in recipient countries. It is distinct from private charity or investments, as it is managed and committed by government entities to support broader development goals.