Press releases

The European Parliament voted on the report "Own resources: a fresh start for the EU Finances, a new start for Europe". The ONE Campaign, Oxfam, ActionAid and Global Citizen are campaigning for any new own resources to be used to increase the EU’s external action budget to deliver on the EU’s promises on global development and climate action.

Oxfam is supporting a humanitarian response for refugees arriving from Sudan into South Sudan’s Renk and Raban counties in Upper Nile State, and in Chad’s Sila province. 

In response to the selection today of Ajay Banga as President of the World Bank for a five-year term beginning 2 June, Katie Malouf-Bous, interim Head of Oxfam International’s Washington DC Office, said: "The true test of Ajay Banga starts now: to reorient the World Bank to tackle the extreme inequality that robs billions of people of economic security and dignity. We need huge new investments in development but we need them to be publicly-led and purposed to lift people out of poverty —and we need guardrails around private finance that has run riot for too long."

In reaction to the GRFC 2023, Oxfam Global Food and Economic Security Lead, Emily Farr, said:  “For global hunger to rise for a fourth consecutive year in a world of plenty is a stain on our collective humanity. Decades of progress made to end poverty and hunger are being fast-reversed by conflict, economic shocks, and climate change.  

The top-paid CEOs across four countries enjoyed a 9 percent pay hike in 2022, while workers’ wages fell 3.19 percent during the same period, reveals new analysis from Oxfam ahead of International Workers’ Day (1 May). 

Responding to the EU’s proposed reform of pharmaceutical regulations, Piotr Kolczyński, EU Health Policy Advisor at Oxfam and the People’s Vaccine Alliance, said: "Reducing the exclusivity of data is a step towards improving access to medicines within Europe, but it is total hypocrisy for the EU to protect the right to health in their own borders while undermining it elsewhere. 

Today the European Parliament  Committee on Budgets voted on the Committee's own initiative report on new own resources to finance the EU budget and EU political priorities.

An important International Monetary Fund (IMF) initiative to shore up poor people in the Global South from the worst effects of its own austerity measures and the global economic crisis is in tatters.

Today, the Development Assistance Committee of the Organisation for Economic Cooperation and Development (OECD DAC) published its preliminary figures on the amount of development aid for 2022. 

In response to the publication today of the World Economic Outlook by the International Monetary Fund (IMF), Nabil Abdo, Oxfam International’s senior policy advisor on international financial institutions, said: “The IMF is now saying that fiscal consolidation during economic crisis —like today’s economic maelstrom— hasn't served its primary purpose of reducing debt. It’s positive that the IMF is finally admitting this painfully evident fact, but it’s hugely frustrating that it continues to push austerity measures on poor borrowing countries facing huge economic challenges."