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Patients living in poverty in the Global South are being bankrupted by private healthcare corporations backed by multi-million-dollar investments from development finance institutions (DFIs) run by the UK, French, German and other rich country governments. DFIs like the World Bank’s International Finance Corporation (IFC) and the European Investment Bank (EIB) invest public funds via the private sector to help foster economic development in the Global South and tackle poverty. However, Oxfam published two investigations on DFI funding into private hospital chains and other for-profit healthcare corporations operating in low- and middle-income countries and found cases of them.   

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.

The international community must plug a $2 billion funding gap for countries hit by El Nino-related drought and storms. These have left a staggering 60 million people around the world facing crop failures and worsening hunger.

Following a vote in the European Parliament on the EU budget for 2019, Oxfam is concerned that the EU continues to prioritize migration management at the expense of humanitarian action and sustainable development.

We've reviewed and analyzed the G8 Communique from Day 1 of the Summit, and here's our take.

To roll out his global health strategy, UN General Secretary Ban Ki Moon has announced today US$40 billion for all three health-related poverty goals, with a strong focus on women and chil

More money for Development is always welcome especially as there are strong needs for investment in infrastructure. The new Asian Infrastructure Investment Bank must put fighting poverty and inequality at the heart of its mission.

Mr. Malpass must push the World Bank to champion policies that tackle climate change, reduce inequalities and lead to investment in free public education and health.

In a major new report, Oxfam calls for aid to be increased, better targeted, made more predictable and governed more accountably.

2010 saw Europe missing their poverty targets and today Heads of State compounded this by failing to put new commitments on the table to achieve their 2015 aid targets and keep their promises to the world’s poorest people.