Commissioner for International Partnerships, Jutta Urpilainen, stated: “Team Europe has significantly increased its contribution of Official Development Assistance compared to last year. This is crucial at a time when so many people in our partner countries face significant health, economic and social challenges linked to the COVID-19 crisis.”
Official Development Assistance (ODA) is defined as government aid that promotes and specifically targets the economic development and welfare of states, where the need is greatest, in particular least developed countries. It refers to material resources given by the donor governments to promote the economic development of the recipient countries and the welfare of their people. The ODA may be disbursed to the government of the recipient country directly or through other organisations. Most ODA is in the form of grants.