ODA
n. uncountablen. Stands for Official Development Assistance. Money or help given by government agencies to developing countries to support their economic growth and welfare.
n. Abbreviation for Official Development Assistance. Government aid that promotes and specifically targets the economic development and welfare of developing countries.
The country increased its ODA to support global health initiatives.
International organizations track ODA to ensure that wealthy nations are meeting their commitments to global development goals.
While ODA remains a critical source of financing for the least developed nations, critics argue that the conditions attached to such aid can sometimes undermine local economic sovereignty.
Commonly used in the context of international relations and macroeconomics; often functions as a collective noun for foreign aid flows.