Our definition of phantom aid includes aid that is:
- not targeted for poverty reduction, estimated to be worth US$4.9 billion
- double counted as debt relief, totalling US$9.4 billion
- overpriced and ineffective Technical Assistance, estimated at US$13.8 billion
- tied to goods and services from the donor country, estimated at US$2.7 billion
- poorly coordinated and with high transaction costs, estimated at US$9 billion
- spent on excess administration costs; totalling US$0.4 billion.
In total, at least 61% of all donor assistance is phantom aid.