Image for ODA (Official Development Assistance)

ODA (Official Development Assistance)

Official Development Assistance (ODA) refers to government aid aimed at promoting economic development and welfare in developing countries. Primarily funded by wealthy nations, ODA includes grants and loans that help build infrastructure, improve education and healthcare, and respond to emergencies. The goal is to reduce poverty and support sustainable development. ODA is often provided through international organizations or directly to governments and is usually aimed at projects that create long-term benefits rather than short-term relief. It’s a critical component of global cooperation to improve living conditions and build stronger societies worldwide.