Pharma Veterans

Foreign Aid Cuts and Global Development Part 2 – Asrar Qureshi’s Blog Post #1122 Dear Colleagues! This is Asrar Qureshi’s Blog Post #1122 for Pharma Veterans. Pharma Veterans Blogs are published by Asrar Qureshi on its dedicated site https://pharmaveterans.com. Please email to pharmaveterans2017@gmail.com  for publishing your contributions here. Credit: artsy solomon Credit: babajide olusanya Credit: Muhammad Al Bazzar Credit: rosa stone Credit: themeditators Continued from Previous….. OECD/DAC/ODA The OECD – Organization for Economic Cooperation and Development – consists of 38 countries, primarily developed nations, including Australia, Canada, France, Germany, Japan, UK, and USA. These countries collaborate to promote economic growth, trade, and policies that improve the wellbeing of citizens of these countries. There were 20 founding countries who signed the convention in 1960. Later 18 other countries joined in. 8 more countries are waiting to join in, while 5 countries are ta...

Foreign Aid Cuts and Global Impact – Part 1 – Asrar Qureshi’s Blog Post #1121 Dear Colleagues! This is Asrar Qureshi’s Blog Post #1121 for Pharma Veterans. Pharma Veterans Blogs are published by Asrar Qureshi on its dedicated site https://pharmaveterans.com. Please email to pharmaveterans2017@gmail.com  for publishing your contributions here. Preamble Over the past year, nearly every major donor nation—led by the United States, United Kingdom, Australia, and several European countries—has announced significant reductions in foreign aid budgets. What are these nations scaling back, and what does it mean for NGOs, communities, and the future of global development? Let’s have a look at the scale of the cuts and their ripple effects. The Context Global humanitarian aid continued to decline in 2024 with a funding shortfall stuck at a record high as new and existing conflicts and multiplying climate disasters left more than 320 million people in need of aid. In 2024, $21.2 billion was ra...