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The International Monetary Fund’s (IMF) gold holdings have increased in value by $19.3 billion since the start of the global coronavirus pandemic, said Oxfam today. 

Today, EU member states have proposed a spending increase of 10 percent in 2019 for the EU’s external policies compared to this year’s budget. However, governments are focusing on the wrong issues, Oxfam, Save the Children, DSW and IPPF EN say. The organizations argue a strong focus on human development is needed to counter increasing inequalities and make sure no one is left behind.

In their Deauville Accountability Report, the G8 has massaged the figures, claiming to have delivered almost US$49 billion of the promised $50 billion. But according to the OECD, responsible for measuring the official aid figures, the G8 have delivered just $31 billion.

Oxfam, along with partner organizations, will engage by hosting one official side event and 12 parallel events under the NGO CSW Forum. This year the CSW priority theme addresses challenges to women’s rights and equity related to education in the digital age and the review theme looks at the empowerment of rural women and girls. 

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 provided in 2021. 

Aid money the G8 has promised but won’t deliver could save more than 3 million lives, Oxfam said today as leaders gathered for the summit in L’Aquila, Italy.

G20 finance ministers meeting in London this weekend should provide a $280 billion bailout for millions of poor people struggling to survive the economic crisis. We provide three easy ways the G20 could deliver this up.

New Oxfam analysis describes a $27 trillion black hole – accumulating at around $3.9 trillion a year to 2030 – that low-and-middle income countries face to meet climate-related loss and damages, adaptation, and mitigation measures, along with their health, education and social protection needs.

An internal investigation released last night finds that World Bank Group staff kept quiet about a plantation company’s role in a violent land conflict in Honduras, when proposing loans to one of Central America’s top ten banks which funded it.

Poor countries are cutting back investment in farming, health service and services to help women because of fears about rising debts and the impact of the economic crisis, according to a new database launched today.