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COMMITMENT

Statistics Directorate    
Definition:
A firm obligation, expressed in writing and backed by the necessary funds, undertaken by an official donor to provide specified assistance to a recipient country or a multilateral organisation.

Context:
Bilateral commitments are recorded in the full amount of expected transfer, irrespective of the time required for the completion of disbursements.

Commitments to multilateral organisations are reported as the sum of (i) any disbursements in the year reported on which have not previously been notified as commitments and (ii) expected disbursements in the following year.

Source Publication:
OECD (2011), Development Co-operation Report 2011: 50th Anniversary Edition, OECD Publishing.

Hyperlink:
http://dx.doi.org/10.1787/dcr-2011-en

Statistical Theme: Financial statistics - Financial flows to aid recipients

Created on Tuesday, September 25, 2001

Last updated on Wednesday, April 10, 2013