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Remittances – private transfers between individuals, often relatives or friends, in another country. Soft loan – a loan where the terms are more favourable to the borrower than those currently attached to commercial market terms. It is described as concessional and the degree of concessionality is expressed as its grant element. Tied aid – official or officially supported loans, credits or aid packages where procurement of the goods or services involved is limited to the donor country or to a group of countries which does not include substantially all developing countries. Tied aid credits are subject to certain disciplines concerning their concessionality levels, the countries to which they may be directed, and their development relevance so as to avoid using aid funds on projects that would be commercially viable with market finance, and to ensure that recipient countries receive good value. Total official humanitarian assistance – there is no official calculation of total official humanitarian assistance. GHA makes a calculation by adding: total official humanitarian aid from DAC donor countries; total official humanitarian aid from the EC; total multilateral contributions to UNHCR and UNRWA; and multilateral contributions to WFP in proportion to the share of WFP’s operational expenditure allocated to relief. See graphic showing GHA's calculation of total official humanitarian assistance. Compare official humanitarian aid, humanitarian assistance and global humanitarian assistance. Untied aid – ODA for which the associated goods and services may be fully and freely procured in substantially all countries. |
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