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Donor government negotiators are considering scrapping the global aid monitoring system that keeps donors honest and improves the quality of their foreign assistance, Oxfam warns.

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

Responding to an announcement by the FAO that global food prices remained steady during April but cereal prices have gone up by as much as 5.5% since March, Luca Chinotti, Food Policy Advisor for O

In response to the Food and Agriculture Organization’s announcement that global food prices slightly decreased last month, Oxfam’s policy advisor Luca Chinotti said: 

The G20's sticking plaster approach falls well short of the major surgery that is needed to tackle the global food price crisis said Oxfam at the close of the Agriculture Ministers Meeting

Responding to the G20 Finance Ministers’ meeting today, Nadia Daar, Head of Oxfam’s Washington DC Office, said: "The G20 is not delivering on its promise to rebalance the global economy and provide major relief. It has simply extended a freeze on bilateral debt-service payments through year-end, pushing the can down the road once again. If debt cancellation is not part of the solution, the world’s poorest countries will continue to struggle to cope with the pandemic and its devastating effects.   

The coronavirus pandemic is fast pushing developing countries toward a debt crisis that would be catastrophic for their fight against poverty, with the likelihood of multi-billion-dollar defaults that will hurt the entire global economy, warned Oxfam ahead of the G20 Finance Ministers’ meeting this weekend (July 18-19).  

A broken food system and environmental crises are now reversing decades of progress against hunger according to new Oxfam analysis. Oxfam today launches a new global campaign for a hunger-free world.

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.

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.