Development Partners Snapshot:
While Hellenic Aid is responsible for planning and formulating Greece’s development co-operation strategy, the majority of Greece’s ODA is disbursed by the Ministry of Finance to EU institutions.
KEY GOVERNMENT ENTITY ON DEVELOPMENT CO-OPERATION
Ministry of Finance
Ministry of Foreign Afairs
Greece provided USD 263.8 million of ODA in 2021, representing 0.12% of GNI. This was a decrease of 23.9% in real terms in volume and a decrease in the share of GNI from 2020, primarily as a result of a decrease in in-donor refugee costs. While the government has not stated what ODA/GNI ratio it wants to achieve, Greece is committed, at the European level, to collectively achieve a 0.7% ODA/GNI by 2030. Greece provided all of its ODA as grants in 2020.
Greece’s ODA is yet to recover from significant cuts in public sector expenditure following the global financial crisis. Greece ranks 29th among 29 Development Assistance Committee (DAC) member countries when ODA is taken as a share of GNI.
Global Partnership monitoring trend
DAC Performance and Trends - 2019 GPEDC Progress Report
The OECD-DAC peer review in 2019 recognised the challenges Greece faces with development co-operation. It recommended that, as the economy recovers, the government: build a new vision for development that is supported by stakeholders with a keen interest in development; update the law governing development co-operation and create a focused, whole-of-government approach, including Greece’s multilateral partners; restructure Hellenic Aid to meet its policy, programming and corporate objectives; and establish an evaluation unit and more efficient and effective systems to manage Greek ODA. A mid-term review is planned in 2022.