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An image of the cover of a paper on DAC debt rules
October 7, 2020

New DAC Rules on Debt Relief – A Poor Measure of Donor Effort

The Development Assistance Committee (DAC) recently produced a long-awaited set of rules for how debt relief on loans should be scored as Official Development Assistance (ODA). Unfortunately, the rules suffer from a number of statistical problems and the DAC needs to take these rules back to the drawing board, or lose credibility.