The Federal Ministry for Economic Cooperation and Development (german: Bundesministerium für wirtschaftliche Zusammenarbeit und Entwicklung, ), abbreviated BMZ, is a cabinet-level ministry of the

Federal Republic of Germany Germany,, officially the Federal Republic of Germany, is a country in Central Europe. It is the second most populous country in Europe after Russia, and the most populous member state of the European Union. Germany is situated between ...

. Its main office is at the former

German Chancellery The German Chancellery (german: Bundeskanzleramt, , more faithfully translated as ''Federal Chancellery'' or ''Office of the Federal Chancellor'') is an agency serving the executive office of the chancellor of Germany, the head of the federal go ...

Bonn The federal city of Bonn ( lat, Bonna) is a city on the banks of the Rhine in the German state of North Rhine-Westphalia, with a population of over 300,000. About south-southeast of Cologne, Bonn is in the southernmost part of the Rhine-Ruhr r ...

with a second major office at the Europahaus in

Berlin Berlin ( , ) is the capital and largest city of Germany by both area and population. Its 3.7 million inhabitants make it the European Union's most populous city, according to population within city limits. One of Germany's sixteen constitue ...

. Founded in 1961, the Ministry works to encourage economic development within Germany and in other countries through international cooperation and partnerships. It cooperates with international organizations involved in development including the

International Monetary Fund The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution, headquartered in Washington, D.C., consisting of 190 countries. Its stated mission is "working to foster globa ...

World Bank The World Bank is an international financial institution that provides loans and grants to the governments of low- and middle-income countries for the purpose of pursuing capital projects. The World Bank is the collective name for the Interna ...

, and the

United Nations The United Nations (UN) is an intergovernmental organization whose stated purposes are to maintain international peace and international security, security, develop friendly relations among nations, achieve international cooperation, and be ...

. Under the overall lead of the BMZ, the agencies

Deutsche Gesellschaft für Internationale Zusammenarbeit The Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH (English: ''German Agency for International Cooperation GmbH''), often simply shortened to GIZ, is the main German development agency. It is headquartered in Bonn and Eschb ...

(GIZ) and

Kreditanstalt für Wiederaufbau The KfW, which together with its subsidiaries DEG, KfW IPEX-Bank and FuB forms the KfW Bankengruppe ("banking group"), is a German state-owned investment and development bank, based in Frankfurt. As of 2014, it is the world's largest national d ...

(KfW) are responsible for implementing bilateral co-operation, the bulk of Germany's

official development assistance Official development assistance (ODA) is a category used by the Development Assistance Committee (DAC) of the OECD, Organisation for Economic Co-operation and Development (OECD) to measure aid, foreign aid. The DAC first adopted the concept in ...

(ODA). According to the

OECD The Organisation for Economic Co-operation and Development (OECD; french: Organisation de coopération et de développement économiques, ''OCDE'') is an intergovernmental organisation with 38 member countries, founded in 1961 to stimulate e ...

, 2020 ODA from Germany increased by 13.7% to US$28.4 billion. For education and service purposes, Engagement Global gGmbH is subordinate to the ministry.

List

Political Party:

References

Economic Cooperation And Development International development agencies Economy of Germany Germany, Economic Cooperation And Development {{Germany-gov-stub