In 2013, the Russian Federation’s net ODA amounted to USD 714 million, representing an increase of 48% in real terms over 2012. The ratio of ODA as a share of GNI rose from 0.02% to 0.03%.
The Russian Federation’s development co-operation is provided in line with the Concept of Russia’s Participation in International Development Assistance, approved by the President of the Russian Federation in 2014. The concept sets out the objectives, principles and priorities of the Russian Federation’s development co-operation, as well as the criteria for providing assistance to partner countries. The Ministry of Foreign Affairs and the Ministry of Finance are jointly responsible for formulating the Russian Federation’s development co-operation policy and for supervising its implementation.
The Russian Federation provides its bilateral development co-operation mostly to the members of the Commonwealth of Independent States. The priority sectors of the Russian Federation’s bilateral development co-operation are energy, health and education. The Russian Federation provides its bilateral development co-operation in the form of debt relief, concessional loans, technical co-operation projects and scholarships, as well as budget support.
The Russian Federation’s multilateral ODA accounted for 49% its total ODA, provided through the World Bank Group (accounting for 40% of its multilateral ODA in 2013) as well as through the United Nations and regional development banks.
The Russian Federation is an OECD accession country.