Official Development Assistance (ODA) has been a major source of development financing for the Philippines. The Organization for Economic Cooperation and Development (OECD) defines it as assistance coming from foreign governments or sources designed to promote economic development and welfare of developing countries (OECD, 2018). In the Philippines, Republic Act No. 8182 or the Official Development Assistance Act of 1996 defines ODA as a loan or loan and grant which meets the following criteria:>>read complete document
