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SAIDC meaning in Community ?

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Answer: What is Spanish Agency for International Development Cooperation mean?

The Spanish Agency for International Development Cooperation (AECID) (Spanish: Agencia Española de Cooperación Internacional para el Desarrollo) is a Spanish agency responsible for the management of the Government international development cooperation policy.

Its original name was Spanish Agency for International Cooperation (AECI), but Royal Decree 1403/2007, of 26 October, amended its Statute and gave AECID its current name. AECID is a public body under the aegis of the Ministry of Foreign Affairs, via the State Secretariat for International Cooperation and for Ibero-America and the Caribbean (SECIPIC).

The Agency is in charge of designing, implementing and managing development cooperation projects and programmes, whether directly, with its own resources, or through collaboration with other national and international bodies and non-governmental organizations. According to the OECD, 2020 official development assistance from Spain decreased 1.8% to USD 3 billion.

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