OECD Committee Considering Changes To Official Development Assistance Definition

“The international rules that define what spending rich countries can count as foreign aid — and which developing countries are eligible to receive aid — are up for grabs for the first time in decades, with potential fault lines being drawn over whether donors should be able spend more aid money on support for private companies overseas,” The Guardian reports. The Development Assistance Committee (DAC) of the Organisation for Economic Co-operation and Development (OECD) “is considering ideas on whether, and how, to change the official [Official Development Assistance (ODA)] definition, with the aim of setting concrete proposals by late 2014,” the newspaper writes, adding, “The last time the ODA definition of aid was changed, in the 1970s, it was broadened to allow spending on refugees in donor countries, and the estimated costs of hosting students from developing countries” (Provost, 11/6).