In 2014, Romania’s net ODA amounted to USD 214 million, representing an increase of 59% in real terms over 2013. The ODA/GNI ratio rose from 0.07% to 0.11%.
Romania’s Law No. 404/2006 on Financing the Development Cooperation Policy provides the legal basis for funding development co-operation activities, which are guided by the National Strategy on the International Development Cooperation Policy (Decision No. 703/2006) and an Action Plan. The Strategy sets out the objectives, geographic and sectoral priorities and institutional framework for Romanian development co-operation. The Ministry of Foreign Affairs (General Political Directorate, Development Assistance Unit) is the main institution in charge of programming and implementing Romania’s development co‑operation.
In 2014, Romania provided its bilateral development co-operation mostly to Moldova, Serbia, Ukraine and Albania. The main sectors of Romania’s bilateral development co‑operation were education, civil society and good governance and production sectors. Romania provides its bilateral development co-operation mostly in the form of grants for financial and technical support.
Multilateral ODA accounted for 67% of Romania’s total ODA in 2014, provided primarily through the European Union (accounting for 91% of its multilateral ODA in 2014), as well as through the World Bank Group (4%), the United Nations (4%) and other multilateral organisations.
For the first time, Romania, an Invitee of the Development Assistance Committee, reported to the OECD on its development co-operation programme at activity level in 2015.