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The 2025 cuts would be largest since aid spending was recorded, OECD officials told reporters on Wednesday  (Photo: oecd.org)

Aid cuts will have 'cataclysmic' effect, OECD warns

Development aid spending cuts will have a “cataclysmic” effect this year following the suspension of USAID and plans by a raft of EU governments to slash aid budgets. 

Aid spending in 2024 fell by 7.1 percent, according to the

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Author Bio

Benjamin Fox is a seasoned reporter and editor, previously working for fellow Brussels publication Euractiv. His reporting has also been published in the Guardian, the East African, Euractiv, Private Eye and Africa Confidential, among others. He heads up the AU-EU section at EUobserver, based in Nairobi, Kenya.

The 2025 cuts would be largest since aid spending was recorded, OECD officials told reporters on Wednesday  (Photo: oecd.org)

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Author Bio

Benjamin Fox is a seasoned reporter and editor, previously working for fellow Brussels publication Euractiv. His reporting has also been published in the Guardian, the East African, Euractiv, Private Eye and Africa Confidential, among others. He heads up the AU-EU section at EUobserver, based in Nairobi, Kenya.

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