On the importance of debt transparency...
'Which all makes it a shame that the above disclosure is a parody of what debt transparency should look like. We’re told only just enough to indicate an iceberg of sovereign debt oddity lies just below the surface.'
www.ft.com/content/2fa0...
If you want to explore the data yourself, visit @onecampaign.bsky.social's interactive ODA topic page.
data.one.org/topics/offic...
Further, the share of ODA going to health is at its lowest point in 10 years.
While total aid is up 34% since 2019, if you remove those 3 categories, all other aid has actually decreased by 2%. 📉
This means that for the poorest countries dealing with the fallout of war and global pandemics, there is less money to go around.
This is THE most important finding from the latest 🌍 #ODA statistics drop from the #OECD.
🚫It's NOT that foreign aid hit record levels in 2023.
✔️It's that more than 25% of global aid is spent dealing with protracted crises, including COVID, refugees in donor countries and aid to Ukraine.