G20 South Africa

Electric mobility offers a critical opportunity for action out of the G20

SA’s new digital visa system goes live as G20 delegates arrive

Jason Goliath hosts Brand SA-Netflix film on SA for G20 Summit

South Africa readies for historic first G20 Leaders' Summit in Africa

G20 Summit: South Africa assures smooth aviation transition for leaders

More G20 South Africa

Subscribe & Follow

Advertise your job vacancies

BizTrendsTV

RAPT BizTrendsTV: Nokulinda Mkhize: How Spiritual wellness is changing the workplace

Financial crisis could cut official aid by 30%

The financial crisis is expected to have a severe impact on humanitarian funding, with some analysts projecting cuts in official development assistance (ODA) of up to a third or more.

6 Nov 2008

Displaced people wait to be given food during a distribution organised by the UN World Food Programme, USAID and other local and international NGOs, in Mogadishu Somalia on September 2008. (Image: Jamal Osman/IRIN)

"We are deeply concerned about the prospects for ODA," Brett House, UN Development Programme (UNDP) senior economist, told IRIN. "In past periods of market turmoil and recession, global ODA has on some occasions fallen up to 40 percent from established trends."

Read the full article here