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The International Monetary Fund’s advice to countries promotes policies that fail to reduce inequality and may even increase it, according to Oxfam research. This advice clashes with what their own research shows countries should do to reduce inequality.

Rich countries at the OECD ministerial meeting on development cooperation have failed to collectively commit to a massive scale-up in aid budgets to help developing countries face the devastating and widescale impact of COVID-19. 

Today, more than 8.1 million Nepalis live in poverty. To build a more equal country that leaves nobody behind, Nepal must act now to put the right policies in place, and enable citizens and social movements to advocate for progressive change and hold decision makers to account.

The G20 leading economies have sidelined development and food security at their summit in Los Cabos.

Oxfam estimates that just one of the richest men in Ghana earns from his wealth more in a month than one of the poorest women could earn in 1,000 years. In this report, we call on the government of Ghana to use public spending to reduce inequality and put women’s economic empowerment at the heart of policymaking.  

Today, EU member states have proposed a spending increase of 10 percent in 2019 for the EU’s external policies compared to this year’s budget. However, governments are focusing on the wrong issues, Oxfam, Save the Children, DSW and IPPF EN say. The organizations argue a strong focus on human development is needed to counter increasing inequalities and make sure no one is left behind.

In their Deauville Accountability Report, the G8 has massaged the figures, claiming to have delivered almost US$49 billion of the promised $50 billion. But according to the OECD, responsible for measuring the official aid figures, the G8 have delivered just $31 billion.

Oxfam, along with partner organizations, will engage by hosting one official side event and 12 parallel events under the NGO CSW Forum. This year the CSW priority theme addresses challenges to women’s rights and equity related to education in the digital age and the review theme looks at the empowerment of rural women and girls. 

Today, the Development Assistance Committee of the Organisation for Economic Cooperation and Development (OECD DAC) published its preliminary figures on the amount of development aid provided in 2021. 

Aid money the G8 has promised but won’t deliver could save more than 3 million lives, Oxfam said today as leaders gathered for the summit in L’Aquila, Italy.