Guyana | Technical cooperation grants (BoP, current US$)
Technical cooperation grants include free-standing technical cooperation grants, which are intended to finance the transfer of technical and managerial skills or of technology for the purpose of building up general national capacity without reference to any specific investment projects; and investment-related technical cooperation grants, which are provided to strengthen the capacity to execute specific investment projects. Data are in current U.S. dollars. Development relevance: DAC exists to help its members coordinate their development assistance and to encourage the expansion and improve the effectiveness of the aggregate resources flowing to recipient economies. In this capacity DAC monitors the flow of all financial resources, but its main concern is official development assistance (ODA). Grants or loans to countries and territories on the DAC list of aid recipients have to meet three criteria to be counted as ODA. They are provided by official agencies, including state and local governments, or by their executive agencies. They promote economic development and welfare as the main objective. And they are provided on concessional financial terms (loans must have a grant element of at least 25 percent, calculated at a discount rate of 10 percent). The DAC Statistical Reporting Directives provide the most detailed explanation of this definition and all ODA-related rules. OECD's IDS database provides a set of readily available basic data that enables analysis on where aid goes, what purposes it serves and what policies it aims to implement, on a comparable basis for all DAC members. The aid data is most commonly used to analyze the sectoral and geographical breakdown of aid for selected years and donors or groups of donors. The data can also be used to target specific policy issues (e.g. tying status of aid) and monitor donors' compliance with various international recommendations in the field of development co-operation. Limitations and exceptions: Data on ODA is for aid-receiving countries. The data cover loans and grants from DAC member countries, multilateral organizations, and non-DAC donors. They do not reflect aid given by recipient countries to other developing countries. As a result, some countries that are net donors (such as Saudi Arabia) are shown as aid recipients. The indicator does not distinguish types of aid (program, project, or food aid; emergency assistance; or post-conflict peacekeeping assistance), which may have different effects on the economy. Because this indicator relies on information from donors, it is not necessarily consistent with information recorded by recipients in the balance of payments, which often excludes all or some technical assistance - particularly payments to expatriates made directly by the donor. Similarly, grant commodity aid may not always be recorded in trade data or in the balance of payments. Moreover, DAC statistics exclude aid for military and antiterrorism purposes. The aggregates refer to World Bank classifications of economies and therefore may differ from those of the OECD. Statistical concept and methodology: Technical cooperation contributions take the form mainly of the supply of human resources from donors or action directed to human resources (such as training or advice). Also included are aid for promoting development awareness and aid provided to refugees in the donor economy. Assistance specifically to facilitate a capital project is not included. Technical cooperation ncludes both grants to nationals of aid recipient countries receiving education or training at home or abroad and payments to consultants, advisers and similar personnel as well as teachers and administrators serving in recipient countries (including the cost of associated equipment). The flows of official and private financial resources from the members of the Development Assistance Committee (DAC) of the Organisation for Economic Co-operation and Development (OECD) to developing economies are compiled by DAC, based principally on reporting by DAC members using standard questionnaires issued by the DAC Secretariat. A network of statistical correspondents collects data from aid agencies and government departments (central, state and local) on an ongoing basis. Their task is also to ensure that reporting conforms to the Reporting Directives (definitions and classifications) agreed by the DAC. The official development assistance (ODA) estimates are published annually at the end of the calendar year in International Development Statistics (IDS) database. Data are in current U.S. dollars.
Publisher
The World Bank
Origin
Co-operative Republic of Guyana
Records
63
Source
Guyana | Technical cooperation grants (BoP, current US$)
100000 1960
310000 1961
480000 1962
560000 1963
730000 1964
550000 1965
1390000 1966
2620000 1967
2880000 1968
5680000 1969
3200000 1970
2810000 1971
2830000 1972
2880000 1973
3540000 1974
4590000 1975
3690000 1976
2530000 1977
4250000 1978
4930000 1979
4840000 1980
6770000 1981
6380000 1982
3870000 1983
4550000 1984
3460000 1985
3940000 1986
3850000 1987
5680000 1988
6900000 1989
8490000 1990
11690000 1991
10870000 1992
9700000 1993
11130000 1994
15630000 1995
15830000 1996
13620000 1997
9190000 1998
12670000 1999
16130000 2000
18120000 2001
18660000 2002
30560000 2003
21440000 2004
26710000 2005
32150000 2006
8250000 2007
9790000 2008
14240000 2009
10800000 2010
13870000 2011
13980000 2012
8340000 2013
9370000 2014
7480000 2015
8580000 2016
10720000 2017
7970000 2018
7970000 2019
4090000 2020
5350000 2021
2022
Guyana | Technical cooperation grants (BoP, current US$)
Technical cooperation grants include free-standing technical cooperation grants, which are intended to finance the transfer of technical and managerial skills or of technology for the purpose of building up general national capacity without reference to any specific investment projects; and investment-related technical cooperation grants, which are provided to strengthen the capacity to execute specific investment projects. Data are in current U.S. dollars. Development relevance: DAC exists to help its members coordinate their development assistance and to encourage the expansion and improve the effectiveness of the aggregate resources flowing to recipient economies. In this capacity DAC monitors the flow of all financial resources, but its main concern is official development assistance (ODA). Grants or loans to countries and territories on the DAC list of aid recipients have to meet three criteria to be counted as ODA. They are provided by official agencies, including state and local governments, or by their executive agencies. They promote economic development and welfare as the main objective. And they are provided on concessional financial terms (loans must have a grant element of at least 25 percent, calculated at a discount rate of 10 percent). The DAC Statistical Reporting Directives provide the most detailed explanation of this definition and all ODA-related rules. OECD's IDS database provides a set of readily available basic data that enables analysis on where aid goes, what purposes it serves and what policies it aims to implement, on a comparable basis for all DAC members. The aid data is most commonly used to analyze the sectoral and geographical breakdown of aid for selected years and donors or groups of donors. The data can also be used to target specific policy issues (e.g. tying status of aid) and monitor donors' compliance with various international recommendations in the field of development co-operation. Limitations and exceptions: Data on ODA is for aid-receiving countries. The data cover loans and grants from DAC member countries, multilateral organizations, and non-DAC donors. They do not reflect aid given by recipient countries to other developing countries. As a result, some countries that are net donors (such as Saudi Arabia) are shown as aid recipients. The indicator does not distinguish types of aid (program, project, or food aid; emergency assistance; or post-conflict peacekeeping assistance), which may have different effects on the economy. Because this indicator relies on information from donors, it is not necessarily consistent with information recorded by recipients in the balance of payments, which often excludes all or some technical assistance - particularly payments to expatriates made directly by the donor. Similarly, grant commodity aid may not always be recorded in trade data or in the balance of payments. Moreover, DAC statistics exclude aid for military and antiterrorism purposes. The aggregates refer to World Bank classifications of economies and therefore may differ from those of the OECD. Statistical concept and methodology: Technical cooperation contributions take the form mainly of the supply of human resources from donors or action directed to human resources (such as training or advice). Also included are aid for promoting development awareness and aid provided to refugees in the donor economy. Assistance specifically to facilitate a capital project is not included. Technical cooperation ncludes both grants to nationals of aid recipient countries receiving education or training at home or abroad and payments to consultants, advisers and similar personnel as well as teachers and administrators serving in recipient countries (including the cost of associated equipment). The flows of official and private financial resources from the members of the Development Assistance Committee (DAC) of the Organisation for Economic Co-operation and Development (OECD) to developing economies are compiled by DAC, based principally on reporting by DAC members using standard questionnaires issued by the DAC Secretariat. A network of statistical correspondents collects data from aid agencies and government departments (central, state and local) on an ongoing basis. Their task is also to ensure that reporting conforms to the Reporting Directives (definitions and classifications) agreed by the DAC. The official development assistance (ODA) estimates are published annually at the end of the calendar year in International Development Statistics (IDS) database. Data are in current U.S. dollars.
Publisher
The World Bank
Origin
Co-operative Republic of Guyana
Records
63
Source