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The Independent UK
The Independent UK
World
Nick Ferris

International aid fell in 2024 for first time in five years – and is expected to get worse

European Union OECD United Kingdom United States Foreign Aid Mathias Cormann Europe

Spending on international aid by wealthy countries fell in 2024 for the first time in five years, data shows.

Funding from the Development Assistance Committee – a group of 24 territories that includes the US, UK, Australia, and EU member-states – fell by 7.1 per cent year-on-year, down $15.7bn, preliminary 2024 data published by the OECD on Wednesday shows.

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