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The International Monetary Fund (IMF) board will meet this week [6 April] to discuss how to use the extra $2.8 billion windfall it made from selling 403.3 tons of gold late last year. The windfall profits should be used to cancel the debts of poor countries facing crises outside their control.

Responding to the IMF Board of Governors’ approval of a Special Drawing Rights (SDR) allocation of $650 billion, Nadia Daar, Head of Oxfam International’s Washington DC Office, said: “New SDRs will bring much-needed liquidity to struggling developing countries without adding to their unsustainable debt burdens. Now that this historic SDR issuance has been approved, governments must work transparently and together with civil society to ensure these resources are used to rescue collapsing health services and bolster social protection, and to deliver a fair and climate just recovery.  

The US and some European countries are seeking to water down historic global tax reforms warned Oxfam today, ahead of a meeting of G20 Finance Ministers and central bank governments in Riyadh, Saudi Arabia this weekend. G20 Ministers are expected to give the green light to the Organization for Economic Cooperation and Development’s (OECD) outline proposals for tax reform at the meeting on 22 and 23 February.

As the international community gathers in New York this week for the Horn of Africa High Level Pledging Conference, we urge global donors to address the impact of the climate injustice taking place in the region by making the financial pledges required to fully fund the humanitarian response and help address immediate and long-term needs across Ethiopia, Kenya and Somalia, where millions of people are trapped in a devastating cycle of hunger and displacement.

Increasing aid and making it more effective can help poor people become more politically active in decisions that affect them, while also supporting governments to become more accountable and plot their own path to achieving the Sustainable Development Goals.

Oxfam is alarmed and deeply concerned by reports of eyewitness accounts of targeted rape and killing of civilians, including children. The deliberate targeting of civilians and the destruction of homes and hospitals is in clear contravention of international law.

This report looks at Somali women’s experiences with conflict, peace, violence, insecurity and state rebuilding

Southern Sudan will face enormous challenges and will need long-term support from the rest of the world regardless of the outcome of this week’s referendum. The vote could create the world’s newest country, which would also be home to some of the world’s poorest people.

Five years after the birth of South Sudan, Oxfam warned today that without commitment from all signatories to the country's 2015 peace agreement, the country will falter. According to Oxfam, the transitional government and the international community need to focus on ensuring the provisions of the peace agreement are upheld, particularly commitments to economic reform and ensuring that ordinary citizens can both engage in the political process and have their concerns taken into account. Zlatko Gegic, Oxfam Country Director in South Sudan said: “South Sudan’s fragile…

Delaying peace may have serious consequences for South Sudanese civilians who are enduring their twentieth month of a brutal civil war, aid agencies Oxfam, CARE and IRC warn today.