Countries often face similar challenges in statistical reporting on development finance. Through Peer Reviews on Development Finance Statistics, DAC members and the OECD jointly assess how countries collect, report and publish their data, so as to help them cope with an increasing demand for comprehensive, reliable and accessible statistics on development finance, in a context of frequent changes to the reporting requirements, staff-turnover and often complex, decentralised reporting systems.
Latest review - Norway
Norway acknowledges the great importance of development finance statistics for development co-operation. The leadership of Norway’s development agency Norad supports the work of its statistical team.
Given Norad’s mandate to check the integrity of Norway’s ODA reporting and that this is in line with DAC Directives, it should be able to obtain more details on expenditures reported as ODA by various sections of the Ministry of Foreign Affairs.
Given that Norad will be managing more funds thanks to the growing ODA volume, it will need to ensure that there is enough statistical capacity to maintain the high quality of ODA data it produces and the processes in place to ensure this.
Enhancing the quality and use of data on development finance
The OECD methodological guide for peer reviews on development finance statistics promotes a dialogue between the reviewed country, the peers and the OECD. The reviews cover seven dimensions: statistical policy issues; domestic data collection; statistical reporting; performance on DAC recommendations and international commitments; transparency; data accessibility; and publication of statistics.
The Reviews seek to:
Help identify and share best reporting practices among DAC members through peer learning.
Enhance OECD’s understanding of countries' challenges in reporting to provide better guidance.
Monitor compliance with the Reporting Directives and support the implementation of WP-STAT decisions.
Assist non-DAC countries to follow DAC statistical standards.
Provide opportunities for non-DAC countries to benefit from in-depth reviews of DAC members' statistical reporting systems.
Inform the broader development community of efforts undertaken to ensure the quality of statistics on development finance.