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International Business Times
International Business Times
Science

Public Or Private? Funding Debate Splits Reeling Aid Sector

Spanish Prime Minister Pedro Sanchez addresses the UN's 4th International Conference on Financing and Development on June 30, 2025 (Credit: AFP)

As cuts by rich donors decimate aid budgets for the world's most vulnerable, private financing has been touted as the sector's saviour -- but not everyone is convinced.

The United Nations puts the annual funding deficit for aid at more than $4 trillion, with chilling consequences for health, education and humanitarian programmes in the poorest countries.

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