Tagged: OECD

Press Release

Government negotiators meeting in Busan, South Korea are working through the night in a last ditch effort to reach a deal on the future of global aid

Press Release

Faltering overseas aid figures announced today are depriving poor countries of a massive $18bn worth of life-saving aid, at a time when 64 million more people globally have been pushed into poverty by the financial crisis.

Press Release
A sand storm in Darfur. It is possible to travel for hundreds of kilometres without seeing a single hospital or health clinic. Schools, too, are few and far between. Credit: Adrian McIntyre/Oxfam

The 2009 overseas aid figures released today by the OECD show that rich countries are failing to deliver on their promises to poorer countries. The amount of aid has fallen by $3.5 billion when compared with last year’s prices.

Press Release
Cité Soleil, Haiti’s largest shanty-town, is located on the waterfront to the north of Port-au-Prince. Credit: Caroline Irby/Oxfam

The 10% increase in foreign aid to $120 billion is welcome but still nowhere near enough to meet the needs of poor countries in the face of global economic meltdown.

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