Term:
Development Assistance Committee (DAC)
Definition:
The Development Assistance Committee (DAC) is one of the key forums in which the major bilateral donors work together to increase the effectiveness of their common efforts to support sustainable development.
The DAC concentrates on how international development co-operation contributes to the capacity of developing countries to participate in the global economy and the capacity of people to overcome poverty and participate fully in their societies.
Domain:
Finance
Source:
Development Cooperation website