Development Aid
2026-07-22 · Foreign, Commonwealth and Development Office · HL2776 · Official question
Question
To ask His Majesty's Government whether the conversion of international finance grants to loans remains classed as official development assistance; and, if not, whether the official development budget will decrease.
Answer
Loans are classed as Official Development Assistance (ODA) where they meet the Organisation for Economic Co-operation and Development (OECD) criteria for ODA eligibility, including being provided on concessional terms and having the promotion of economic ...