Tag: foreign aid

Companies’ profits soar by billions as poorest pay price of pandemic

Thirty-two of the world’s largest companies stand to see their profits jump by USD $109 billion more in 2020 as the coronavirus pandemic lays bare an economic model that delivers profits for the wealthiest on the back of the poorest, according to a new Oxfam report.  Power, Profits and the Pandemic, published ahead of tomorrow’s […]

New OECD figures show international aid woefully inadequate to fight COVID-19 crisis – Oxfam

Rich countries barely increased international aid by 1.4 percent overall in 2019, while they cut humanitarian assistance by 2.9 percent, according to figures published overnight by the Organisation for Economic Co-operation and Development (OECD). In response to the news, Oxfam Australia’s Head of Political Engagement Emma Bull said that while many wealthy countries gave more […]

Half a billion people could be pushed into poverty by COVID-19: Oxfam

The economic fallout from the COVID-19 pandemic could push half a billion more people – or 8 per cent of the global population – into poverty unless urgent action is taken to support developing countries, Oxfam warned today. The aid agency’s new report, ‘Dignity Not Destitution’, also reveals that in East Asia and the Pacific, […]

Australia’s leading aid agencies call for urgent action to support charities amid COVID-19 crisis

Seven of Australia’s leading international aid agencies are urging the Federal Government to include in their COVID-19 economic support package specific measures to help charities continue their life-saving work in the most vulnerable communities worldwide. The organisations – CARE Australia, ChildFund Australia, Fred Hollows Foundation, Oxfam Australia, Plan International Australia, Save the Children Australia and […]

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