"The total amount of global ODA could be $60 billion less than in 2023, with the US reducing its ODA in 2026 to less than half the level of 2023."
"Reductions to ODA budgets are a direct result of the absolute requirement to increase defence and national security spending in response to the turmoil in Ukraine, the Middle East and elsewhere."
The Independent focuses on crucial issues such as reproductive rights, climate change, and the financials of influential figures. It emphasizes the importance of accessible journalism without paywalls. Global official development assistance (ODA) is declining significantly, with projections indicating a drop of 9-17% by 2025. The US plans to cut its ODA in 2026 to less than half of 2023 levels. Similar reductions are occurring in several European countries, driven by the need to increase defense spending due to global conflicts.
Read at www.independent.co.uk
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