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Today, the European Commission published its proposal for the next EU Multiannual Financial Framework (MFF). The MFF will determine the architecture and the financial amounts of the EU’s budget for the next seven years (2021-2027).Oxfam’s Policy Advisor, Hanna Saarinen, said:“The proposal shows that the EU is abandoning its ambition to be the global leader in international development. The EU is more concerned with pushing its own agenda than delivering on its commitments to the sustainable development goals. Despite increasing the amount of funds allocated…

Unresolved rigged tax rules and privatized development are the major drawbacks of the UN Financing for Development Conference outcome, says Oxfam.

Plans for next year's EU budget mean that not the actual needs of people in developing countries will be addressed, but money will be spent on border security to stop migration, Oxfam deplores.

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.

Runaway inequality has created a world where 62 people own as much wealth as the poorest half of the world’s population – a figure that has fallen from 388 just five years ago, according to an Oxfam report published today ahead of the annual gathering of the world’s financial and political elites in Davos.

 Commenting on the arrival of President Trump at the World Economic Forum in Davos to promote his ‘…

The governments of rich states today cleared the way for the diversion of development aid away from the poorest.

The world’s 2,153 billionaires have more wealth than the 4.6 billion people who make up 60 percent of the planet’s population, reveals a new report from Oxfam today ahead of the World Economic Forum (WEF) in Davos, Switzerland.

Governments across Europe are planning to divert scarce development aid budgets to cover security and defense costs, anti-poverty campaigners understand.

EU governments have today furthered the recent trend of using development aid to advance their own short-sighted interests. They have adopted a new framework for the European Union’s development policy that neither listens to EU citizens nor focuses on eradicating poverty.