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Aid from rich nations is likely to fall by at least $9.5 billion by the end of 2012 – the biggest drop in aid for 15 years, according to new calculations by international agency Oxfam ahead of this week’s G20 Summit (Nov 3-4).

Contrary to the positive picture painted by the International Monetary Fund in its 2010 World Economic Outlook, poor countries are being forced to cut back on their economic crisis-response spending too soon.

EU Finance Ministers today adopted a report on Europe’s progress towards its share of the $30 billion promised by rich countries at the 2009 Copenhagen climate summit to help poor countries

In reaction to remarks today by new World Bank President Jim Yong Kim at the International AIDS Conference in Washington, DC, Oxfam spokesper

In reaction to today’s announcement at the G7 in Biarritz of a new partnership on the Sahel region led by France and Germany, Oxfam’s spokesperson, Robin Guittard, made the following statement:

In response to the World Bank Group today issuing a statement announcing the discontinuation of its Doing Business report, Nadia Daar, Head of Oxfam International’s Washington DC Office, said: “It's a welcome move and about time the World Bank scrapped its Doing Business report, a global competitiveness index that encouraged governments to adopt destructive policies that worsen inequality, like slashing labor regulations and corporate taxes."

In response to the completion of the 2021 Comprehensive Surveillance Review today by the Executive Board of the International Monetary Fund, Nabil Abdo, Oxfam’s Senior Policy Advisor on International Financial Institutions, said: “This Review misses a crucial opportunity to require staff to advise countries on policies to tackle inequality or systematically assess the impacts on inequality of its own recommendations."

Those who have fled Syria are seeing doors slammed in their faces as rich countries across the world enact policies hostile towards refugees.

The 21 billionaires in the Middle East and North Africa (MENA), all of them men, saw their wealth increase by nearly $10 billion since the start of the COVID-19 crisis, almost double the estimated amount required to rebuild Lebanon's shattered capital, while 45 million more people in the region could be pushed to poverty as a result of the pandemic, a new Oxfam report revealed today.

European states insisting on emerging countries providing their ‘fair share’ while continuously failing to reach their own aid targets is a backward step.