Nepal, May 20 -- International cooperation is a lifeline for millions of people worldwide and a key source of support for developing countries. Over the years, there has been a significant increase in overseas development assistance (ODA).

In 2024, member countries of the Organisation for Economic Cooperation and Development (OECD) contributed over $212 billion in ODA, with a fall of 7.1 percent. The United States continued to be the largest Development Assistance Committee (DAC) provider of ODA at around $63.3 billion, accounting for 30 percent of total DAC ODA in 2024, followed by Germany ($32.4 billion), the United Kingdom ($18 billion), Japan ($16.8 billion) and France ($15.4 billion). Golf Economic Cooperation Council (GECC) members...