Korea's official development assistance declines 3.9 percent to $3.87 billion in 2025 Korea's official development assistance (ODA) posted an on-year decrease of 3.9 percent to $3.87 billion in 2025, due to a weak exchange rate and reduced multilateral aid, the government said Friday. 2026.4.10
Foreign ministry's 2026 budget sees 15 percent drop to $2.46 billion as ODA allocation reduced The foreign ministry's budget for next year has been set at 3.615 trillion won ($2.46 billion), led by a decrease in the allocation for official development assistance (ODA), the foreign ministry said Wednesday. 2025.12.3
Korea's development model takes root on the Mongolian steppe A Korean NGO is helping Mongolian pastoralists support themselves using Korea's own development experience of the 1970s. 2025.4.22
Korea should step up foreign aid efforts after Trump cuts, says NGO chief With Trump's return to the Oval Office freezing U.S. foreign aid, Korea is urged to step up as a leading donor. Despite global aid cuts, Korea plans a 4.2 percent increase in ODA, showcasing its leadership in international development cooperation. 2025.2.10
Korean official development assistance increases by 11% Korea’s official development assistance (ODA) amounted to $3.13 billion last year, an increase of 11.4 percent compared to the previous year, according to data from the Organization for Economic Co-operation and Development (OECD). 2024.4.15