Development co-operation institutions:
- EXIMBANKA - Slovak import-export bank, concessional loans to specific countries
The Slovak Republic’s development co-operation policy and co-ordination sits with the Ministry of Foreign and European Affairs (MFEA), with much of the ministry’s budget implemented by SAIDC. The Slovak import-export bank, EXIMBANKA, is developing concessional loans for businesses looking to invest in emerging markets and developing countries.
The Slovak Republic provided USD 150.7 million of ODA in 2021, representing 0.13% of GNI. This was an increase of 0.62% in real terms in volume and a slight decrease in share of GNI from 2020. The Slovak Republic has adopted an informal road map to reach its European commitment to achieve 0.33% ODA/GNI and collectively achieve a 0.7% ODA/GNI ratio by 2030. The Slovak Republic provided all of its ODA as grants in 2020.
The Slovak Republic ranks 28th among Development Assistance Committee (DAC) countries in terms of ODA/GNI ratio. In the past five years, its ODA/GNI has not increased substantially, remaining around 0.13%. The Slovak Republic has high shares of core and softly earmarked contributions to multilateral organisations.
The 2022 OECD-DAC mid-term review commended the Slovak Republic for strengthening its strategic focus by reducing geographic and thematic fragmentation as well as developing country strategies and guidance on cross-cutting issues. It also highlighted efforts to enhance partnerships with civil society organisations (CSOs) and encouraged continued dialogue on support for CSOs. The mid-term review stressed the need for a cross-government effort to increase ODA and noted that human resources remain a concern for sustaining the reform dynamic.