Policy Directions of the MOSF for International Development Cooperation


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 Last updated: 2015-12-08

      On Thursday, December 3, 2015, Mr. Seoungho Jin, Director General for International Economic Cooperation at the Ministry of Strategy and Finance was invited to GSIS to give a lecture on the policy directions of the MOSF for international development cooperation. Mr. Jin introduced the current status of Korea's ODA policy and explained about the regional and sectoral allocation of Korea's ODA, and how Korea transformed from an ODA recipient country to a donor country. Mr. Jin then provided the students with some empirical examples of EDCF's development cooperation projects and showed policy directions of EDCF as well as those of KSP.  The lecture concluded by underlining the increasing importance of private finance in international development cooperation. In the end of the lecture, Mr. Jin answered a few questions related to Korea's ODA/GNI target and the current budget cycle of international development cooperation.