Official Development Assistance (ODA)

Official Development Assistance (ODA) refers to government aid designed to promote economic development and welfare in developing countries. It primarily comes from developed nations and is intended to support projects in areas like education, healthcare, infrastructure, and disaster relief. ODA aims to reduce poverty and improve living conditions. The assistance can be in the form of grants (money that doesn’t need to be repaid) or low-interest loans. ODA is a key tool in international cooperation, helping countries address challenges and achieve sustainable development goals.