International aid falls in 2024 for first time in five years, says OECD - Caribbean News Global
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International aid falls in 2024 for first time in five years, says OECD - Caribbean News Global
PARIS, France – International aid from official donors fell in 2024 by 7.1 percent in real terms compared to 2023, the first drop after five years of consecutive growth, according to preliminary data collected by the OECD. The fall in official development assistance (ODA) was due to a reduction in contributions to international organisations, as well as a decrease in aid for Ukraine, lower levels of humanitarian aid and reduced spending on hosti…
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