Organisation for Economic Co-operation and Development: Finance
The question
To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, whether his Department has plans to increase funding to the OECD.
Answered by Anneliese Dodds
All 38 Member countries contribute to funding the Organisation for Economic Co-operation and Development (OECD) Part I budget based on a proportion that is shared equally among member countries and a scale that is proportional to the relative size of their economies. The Part I budget for 2024 was EUR 229.9 million. The OECD biennial Part I budget negotiation for 2025/26 concluded in December 2024. Members collectively agreed to an overall Part I budget of EUR 235 million in 2025 and EUR 238 million in 2026, representing no increase to the OECD's budget in real terms. During the discussions, the UK worked with other members to agree to measurable efficiencies and savings linked to long term organisational reform and transparency to ensure that the organisation delivers value for money for members.
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