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con·ces·sion·al·ity [kənˌseʃənˈæləti, ingl am -t̬i] SOST DIR

concessionality SOST DIR ECON

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Such concessional lending to developing countries has more than doubled over the last two decades.

However, the definition of “concessionality” by the OECD Development Assistance Committee (OECD-DAC) – the body responsible for collecting aid statistics – is unclear and has allowed some donors to report loans as part of their ODA efforts even though they have not been subsidised from the donor country’s budget.

Furthermore, the DAC’s rules do not include a debt sustainability requirement to ensure that donors do not lend to countries with high risks of debt distress.

www.one.org

Der Umfang derartiger Kredite für Entwicklungsländer hat sich in den vergangenen Jahren mehr als verdoppelt.

Allerdings ist die Definition von „Konzessionalität“ des OECD Development Assistance Committee (OECD-DAC) – das Organ, das für die Erfassung statistischer ODA-Angaben zuständig ist – nicht eindeutig.

Daher konnten einige Geber Darlehen als ODA verbuchen, ohne sie subventionieren zu müssen.

www.one.org

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