by Reality of Aid | Apr 15, 2021 | Agenda 2030, Development Cooperation, Development Effectiveness, Highlights, International Finance Institutions, News, News, ODA, OECD-DAC
The recently published preliminary ODA data of 2020 show that aid spending by DAC members totaled 161.2 billion USD which constitutes a 3.5% increase in real terms.[1] But while this increase is a welcome development, it is by all measures marginal compared to the...
by Reality of Aid | Mar 11, 2021 | Development Cooperation, Development Finance, International Finance Institutions, RoA Global
On November 5th 2020, the British government announced that it would spend only 0.5% of its Gross National Income (GNI) on Official Development Assistance (ODA) – a huge departure from the legally mandated and internationally agreed target of 0.7%.[1] In a separate...
by Reality of Aid | Oct 6, 2020 | Agenda 2030, Development Cooperation, Events and Meetings, International Finance Institutions, RoA Asia Pacific
Several developing countries in Asia Pacific continue to struggle against Coronavirus despite the wealth of information and best practices from other developing countries which have already flattened the curve. In many parts of South Asia and Central Asia, for...
by Reality of Aid | May 22, 2020 | International Finance Institutions
Rising to prominence in the wake of World War 2, international finance institutions (IFIs) were formed by multiple countries, purportedly for economic cooperation for postwar reconstruction as well as regulating postwar debt payments between countries. But they have...
by Reality of Aid | Nov 23, 2019 | International Finance Institutions, News
ADB’s newly-published Strategy 2030 is just a continuation and rehash of the failed Strategy 2020 released in 2008. After a decade of implementation, ADB acknowledges that the long-standing and new challenges and problems in the region have remained unaddressed, and...
by Reality of Aid | Nov 23, 2019 | CSO Partnership for Development Effectiveness, Highlights, International Finance Institutions, News, Special Reports
Having mobilized immense resources for and intervened significantly in most aspects of its developing member countries’ (DMCs) economies and policies, the Asian Development Bank (ADB)has been purported to be the region’s leading development financial institution for...
