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 2009 overseas aid figures released today by the OECD show that rich countries are failing to deliver on their promises to poorer countries. The amount of aid has fallen by $3.5 billion when compared with last year’s prices.