International development aid sees record dip, led by US cuts
Global spending on international development aid fell by over one-fifth in real terms last year, marking the largest decline recorded. The United States was the primary driver of this decrease, slashing its outlays by more than half.
International development aid spending fell by more than one-fifth in real terms last year, the biggest dip on record. The US slashing its outlay by more than half set the tone, making Germany the largest overall donor.