Topic summary
Development assistance
Extracted from the Wikipedia article Development aid.
Bilateral and multilateral official development assistance
Analyses of development aid often focus on Official development assistance (ODA), as ODA is measured systematically and appears to cover most of what people regard as development aid. ODA may be bilateral: given from one country directly to another; or it may be multilateral: given by the donor country to pooled funds administered by an international organisation such as the World Bank or a UN Agency (UNDP, UNICEF, UNAIDS, etc.) which then uses its funds for work in developing countries. To qualify as multilateral, the funding must lose its identity as originating from a particular source. The proportion of multilateral aid in ODA was 28% in 2019.