Term:
Official development finance (ODF)
Definition:
Used in measuring the inflow of resources to recipient countries: includes (a) bilateral official development assistance (ODA),
(b) grants and concessional and non concessional development lending by multilateral financial institutions, and
(c) Other Official Flows for development purposes (including refinancing Loans) which have too low a Grant Element to qualify as ODA.
Domain:
Finance
Source:
Glossary of Key Terms and Concepts. From the "Development Co-operation Report: Efforts and Policies of Members of the Development Assistance Committee".
