World Economic Forum: The world’s poorest people are owed $5.7 trillion, says Oxfam
Chema Vera, interim executive director at Oxfam International, discusses foreign aid and the importance of OECD countries contributing 0.7% of their GNI in international aid, writing, “Today, aid is needed more than ever, not least in the wake of a pandemic that is wreaking havoc on the poorest and an inequality crisis that is driving our world apart. … It is high-time for a 0.7% in solidarity with communities around the world. … We need a renewed commitment to aid that makes amends for historic injustices and helps us exit this painful crisis, in solidarity with others towards a fairer world” (11/3).